Here’s a simple illustration of how the government systematically robs the poor of their meagre possessions with total impunity. Consider a poor farmer who owns a small bit of land — say a couple of acres — which he farms. It provides him a subsistence existence because the land is not very productive. That land is not really suited for farming.
Suppose that the land could be better utilized in some non-agricultural activity. Let’s say that by farming, the land provides an income of $1000, but in an alternate non-agricultural use such as in manufacturing the land would provide an income of $10,000. That means that the land value is much higher if it is employed in non-ag activity compared to farming. Continue reading “Stealing from the Poor”
Life is a Random Draw 