Common Sense Economics disagrees with conventional economists in a number of areas. For the most part conventional economics does not recognize the morality of an action as a factor in determining the outcome of an activity. Common Sense Economics knows otherwise. According to natural law an action with an immoral beginning will eventually create a negative outcome, despite who benefits initially. This is why society does not benefit from initiatives to redistribute income. It is hard to find a moral basis for taking part of what one person earns and giving it to someone else.
In the south, before the Civil War, from a purely economic standpoint slavery seemed to benefit all who were not slaves. In the end, no one benefited and the South was destroyed. Wealth disappeared.
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