Tuesday, March 6, 2012

Do you see government as deus ex machina? In other words, do you see it as somehow “separate” from the economy?

http://mises.org/story/3459Do you see government as deus ex machina? In other words, do you see it as somehow “separate” from the economy?
Definition of the word is. "Any artificial or improbable device resolving the difficulties of a plot." In this conflict, the recession, it is only more like the antagonist of the story.
If it was ever separate, it sure isn't now.Do you see government as deus ex machina? In other words, do you see it as somehow “separate” from the economy?
In some ways it is.
Not when the leaders are puppets for the banks.Do you see government as deus ex machina? In other words, do you see it as somehow “separate” from the economy?
Government is separate from nothing.



That is a silly libertarian myth.
when the economy goes sour, the budget of any government goes south,



when the economy is good, the idiots in the government spend every dime, thinking it will never go sour again.
Well, to argue that it is deus ex machina would be to say that it is:

a. not a part of the economy

b. able to positively intervene, as if by magic.

I do not.
No, I don't. While government doesn't directly control the economy, it does play a huge role in influencing it. I don't know that we've ever had an economy that operated independent of government... at least we haven't in my lifetime. If nothing else, the existence of a central bank proves they are intertwined.

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