Friday, January 10, 2014

Beans on Steroids Counting

I have 13 playing cards here. You know how many possible combinations that I can get from them? Try 6,227,020,800. There, now can you even begin to imagine the possible number of combinations that currently exist in the American economy; businesses, workers, consumers, etc.? It has to be a nearly incalculable number and yet we continue to have these politicians (from both parties - totally bipartisan here) and bureaucrats who still think that they can somehow micromanage the workings of America commerce via fiat, central-planning, etc.....Let's see here, what was it that Hayek called this phenomenon? Oh yeah, he called it "the fatal conceit".

3 comments:

dmarks said...

Megalomania. Hubris. The arrogance of power.

Will "take no prisoners" Hart said...

Even in the making of a ballpoint pen the number of aspects which surround it are staggering and government just doesn't have the knowledge.

BB-Idaho said...

Ballpoint pens:
something we don't think about much. Apparently, the ink is critical and they have ones that
work underwater and in outer space. A bit mind-boggling, mass
producing ball bearings of 0.012",
then fitting them in an appropriate housing. Some wag described the ballpoint pen as a
miniature verson of roll on anti
perspirant, but mass production of either is a fascinating operation. (I know as little about it as the government)