Monday, February 27, 2006

the opportunity cost of political anarchy

While it's entirely impossible to quantify and calculate the total cost that government tacks upon society's individuals, Michael S. Rozeff's daily article on attempts to give us a very rough, but low-ball estimate of just the monetary costs:

$48 Trillion!

According to Rozeff, that's approximately three times the wealth contained within the stock market that government drains from society. Before one criticizes these numbers, bear in mind that Rozeff acknowledges the impossibility of knowing the cost of those dollars to the individuals they were parted from, and does not attempt to include all the incalculable psychic damage (unhappiness, stress, etc.) due to the existence of the government and its pseudo-regulations.

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