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I'll also spend some time--I think it's quite important--on
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the mathematical logic of the invisible hand argument.
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That's the most important argument in economics that the
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free market does good for the economy and a huge number of
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people believe it.
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And part of that argument and part of the sort of hazy
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knowledge of that argument is what drives resistance to a lot
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of government programs.
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I mean, the government can only screw things up is what people
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generally believe.
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Is it a prejudice or is there some actual argument behind that?
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Well, I want to go over that argument and show you precisely