The economy is not a machine and wasn’t designed by anybody. It is more like an organic being and therefore can’t work or not work — since there is no specific task it is designed to perform — but only be healthy or unhealthy. It can continue to generate wealth, as it always has done, or it can be hobbled and interfered with and prevented from generating wealth and doing other things natural to it. But it cannot be replaced by a machine which has been designed so that everybody will be happy.
— James Bowman
Reading Time: 5 minutes 15 seconds
Thanks for being a subscriber — and if you haven’t come aboard yet, what are you waiting for? Subscribe now to join our merry band of freethinkers, iconoclasts, and liberty-lovers. It costs less than a quarter a day to receive eight pieces of original content a week, participate in our community’s conversations, and enjoy full access to the No Dowd About It archives.
Follow me on X and Facebook:
If you’re a really satisfied customer, and want to leave a “tip,” do so via Ko-fi:
Please like, share, comment on, etc. today’s DDD. And send feedback directly to dowd@dowdmuska.com or @dowdmuska.
Today is Thursday, April 25th, the 116th day of 2024. There are 250 days left in the year. It is Parental Alienation Awareness Day, Anzac Day (in Australia and New Zealand), National DNA Day, National East Meets West Day, National Crayola Day, National Zucchini Bread Day, National Mani-Pedi Day, National Hug A Plumber Day, International Financial Independence Awareness Day, World Malaria Day, and World Penguin Day.
On This Day
In 1644, the last emperor of Ming China committed suicide during a peasant rebellion led by Li Zicheng.
In 1792, “La Marseillaise,” the French national anthem, was composed by Claude Joseph Rouget de Lisle.
In 1846, open conflict began over the disputed border of Texas, triggering the Mexican-American War.
Keep reading with a 7-day free trial
Subscribe to No Dowd About It to keep reading this post and get 7 days of free access to the full post archives.