Libertarian Economic Logic (chart attached)
jamesd at echeque.com
jamesd at echeque.com
Thu Sep 19 05:14:40 PDT 2019
The reason you need a boss to make a pencil is that almost no one knows
how to make pencils - or any other common object, and the guy who does
know is probably the boss of a pencil factory. He probably learned it
by working under someone else who was boss of a pencil factory, but not
everyone, not even a large proportion, of the people who worked under
that boss became competent to run a pencil factory.
And if you have no one person running the operation, stuff is not going
to get done even if a minority of the people there know how to do it.
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