But that's not to say it's perfect...it's just the best bet we've got. Any of us can be dealt a raw deal by the invisible hand, which is why we've got to at least try to be alert to its whims. I know, I know--easier said than done.
Besides, the "invisible hand" in Canada--unless a lot has changed since I lived there--is solidly connected to the government's shoulder. How many times did the Feds shaft the energy industry in Alberta? Taxes, regulations, endless interference...the supposedly invisible hand was more like a puppet, and you could follow the strings right back up into the Prime Minister's Office. Ex-PM Trudeau once openly admitted, when asked about horrendous new taxes he was imposing on the oil industry, that governments simply follow the smell of money.
Off Topic » in reply to Reconcile this....
in a word, yeah