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RE: Immorality of Economy

The market is not about morality. It is a out supply and demand. But politics distorts both sides of the equation, and people who claim to have certain moral positions on things like health and housing are acting in ways contrary to their proclaimed intentions.

Inflation distorts our time preference and removes the reward normally offered by low time preference savers and investors. Stock market and real estate bubbles are among the direct consequences. People respond to incentives and signals, but everything governments have been doing to "guide" the market has created perverse incentives and bad signals.

in response to these bad outcomes, those who benefit and suffer both seek political protection, resulting in even more of the central planning and centralized power which creates the destabilization in the first place, and freedom is the scapegoat.

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and people who claim to have certain moral positions on things like health and housing

Think about it in terms of a tribe or community. It is still about supply and demand, isn't it? The problem is, we have created a society where many needs go unmet, while the desires of some are overfilled.

And many people have replaced real tribe/community connections with things like nationalism and partisanship. Instead of seeking consent, they demand power to coerce and control. Compulsion is not cooperation, but political language and the mythology of democracy muddy the waters.