#TheInvisibleFoot

2024-11-15

> The economy, of course, is efficient but efficient only in providing misery.
--- Michael Albert and Robin Hahnel with E.K. Hunt

> ... He intends only his own gain, and he is in this, as in many other cases, led by an invisible foot to promote...[misery]... By pursuing his own interest he frequently promotes social misery more effectually than when he really intends to promote it.
--- with apologies to Adam Smith

znetwork.org/wp-content/upload

#EKHunt #MichaelAlbert #RobinHahnel #AdamSmith #EconomicsOfMisery #TheInvisibleHand #TheInvisibleFoot

2023-01-14

On FB #MoveToAmend passed on a tweet by #RoberReich about all the tax evasion by the super rich. I wouldn't have paid attention to it but some people I know got to discussing this news and it made me think about #EKHunt's #TheInvisibleFoot , #AdamSmith's values, a recent mastodon post, and #NoamChomsky's classic speach #DemocracyAndEducation
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Democracy And Education, speech by Noam Chomsky .pdf
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E.K. Hunt in on-line book Quiet Revolution in Welfare Economics
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E.K. Hunt Mastodon tag (decent guy)
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E.K. Hunt James Buchanan tag (evil guy)

2022-04-25

There should be a book with the title

The Big Attitudes directing the Invisible Feet: Billionaire Prop

It could explain away all the interviews and other events by Musk, Trump, Bezos, the Starbucks guy, the VIrgin Airlines guy and all these other people you want to ignore but they keep imposing themselves into your attention...

#EKHunt's #TheInvisibleFoot model for explaining markets just as well as the #InvisibleHand could tie the study together.

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