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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