Economic Evolution: Darwin’s Idiot Speaks

Part 1 of 6

Having been born into and grown up within the never-ending promise of prosperity guaranteed by Keynes’s gospel that saved us all from the purgatory of the Depression, I like others only began to see a certain absence of clothing when my personal capacity to grow earnings and savings was extinguished by retirement and the silent tax of inflation.  We have all been believers in the commune-istic version of economics, wherein what matters is aggregate demand of the whole of society which is to be provided by continued expansion of the supply of a commodity called currency and credit based in our faith in the god of government.  As we enlarge entitlements for almost everything to nearly all, we conspire through inattention and wishful thinking in the ultimate “tragedy of the commons”.  Our country was, after all, founded in a commune, and that tragedy ended in disease and starvation until the more primitive concepts of individual productivity and responsibility were forced upon those firs…