Posts Tagged ‘Beer’
The Beer Drinker’s Parable
The following story is often passed along by Republicans who wish their liberal friends could understand economics. They hope that making a simple parable out of the down-side of progressive taxation they can stop the madness. As Dr. Kamerschen (the author) and many other economist and philosophers (including my favorite Ayn Rand) have pointed out, there is no stopping the madness of self destructive societal behavior that attempts to feed on the success of others. That’s certainly one of the factors that’s contributed to Trenton’s mess. We love the poor and hate the rich.