Laissez Faire Club Blog

The contribution of commerce

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You want to change the world? There is one thing that has changed the world more than any other in the last 500 years. It is the least-noticed thing of all: commerce. Through commerce, we are fed. Through commerce, we are clothed. Through commerce, we are healed. We are entertained. We communicate. We care for those we love. We are given the power to shape our lives. Through commerce, we find ever better ways of living and grappling with this strange curse that has always afflicted the world: namely that there is never enough. Commerce is the only force that has ever been discovered to alleviate our material plight, to convert a grueling shortage of anything and everything into a glorious abundance of anything and everything. It is the thing that defines us, liberates us, empowers us, ennobles us.

  • http://twitter.com/dchrist81 david christoph

    the scarcity of real goods we encounter in the real world is a powerful way to hold accountable the voracious governments, whose reckless demands ignore the reality of scarcity. a recent example: the delusional leftists who believed employers could simply be compelled by government to fork over “free” healthcare are finding out that their own employers must cut their hours to avoid Obama(doesn’t)care penalties (or is it a tax?). http://t.co/qH5J91SC

  • the guy from rhinoceros

    The most wonderful Law in Economics is Say’s Law, which states that the purchasing power created by producing anything is equal (one of the few exact equalities in economics) to the sum of all of the costs of its manufacture plus profit or minus loss. Say’s Law means that commerce cannot be a Zero-sum game. Marx was SO WRONG (Karl, not Groucho)!