Friday, March 30, 2012
The Visible Hand vs the Invisible Hand
Created this awesome (hah) picture to try and help illustrate a point that I'm struggling to make in this discussion over at the Ron Paul Forums... NAP, Utilitarianism, and Natural Law: Differentiating Morality, Practicality, and Legality. The fellow that I'm having a discussion with, ProIndividual, wants to know what the end result would be of pragmatarianism. How could I possibly know the end result of 150 million self-interested taxpayers determining the distribution of public funds?
Tax choice is a means to end. The "means" are the tax allocation decisions of 150 million self-interested, utility maximizing, purposefully acting taxpayers. Are the "means" perfect? Definitely not. But they might as well be when you compare them to our current "means" of 538 congresspeople spending 150 million people's taxes.
Would allowing the invisible hand to determine the distribution of public funds drive us to pragma-socialism or anarcho-capitalism or somewhere in between? Who knows? Who cares? Once you understand that perspectives matter...then you'll understand the value of allowing the perspectives of 150 million taxpayers to help shape the public sector.
So let's get this Magna Carta Movement started.