Fall of the American Republic – Part 2, by Single Farmer
(Continued from Part 1. This concludes the article.) Some of the erroneous assumptions and operating principles that Western governments of today have been utilizing in their social planning schemes are these six stupid ideas: 1. The stupid idea that people and institutions can become perfect. The perfectibility of institutions and people is contrary to all natural law and historical precedent. People are imperfect by their nature and institutions which are composed of people are imperfect. 2. The stupid idea that economic output is everything which can be expressed as a regularly reported number which can be measured, and the number …