The More the Government Interferes in the Economy the more they Push the Economy Underground

Posted by PITHOCRATES - February 5th, 2012

Week in Review

Is the cost of government too much?  Are the taxes, licensing, regulations, legislation, etc., proving so costly that it’s pushing the economy underground?  Yes (see World Black Market Booms by Christiane Amanpour, Matthew Drake & David Miller posted 2/1/2012 on Yahoo! News).

We all know black market goods are available all over the world, but what you may not know is that if you add up all revenue generated from un-taxed business it would equal the second largest economy of the world, behind only the United States.

Free market capitalism favors people over the state.  It allows people to come together and make mutually beneficial economic exchanges.  That they enter into voluntarily.  And when the state becomes to invasive in our lives, we apparently take our economic exchanges underground.  To escape confiscatory taxes.  And punishing regulations.  If that isn’t an indictment of the failure of Big Government I don’t know what is.  For when people are left to their own devices, they want to engage in economic exchanges without the heavy hand of government raising prices and/or influencing their decisions.  The prefer the liberty of the free market.  Not the coercion of the state.

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