Davidson: Capitalism trusts you to choose. Socialism does not.
By Jay Davidson | Guest Commentary, Rocky Mountain Voice
Only one economic system accounts for human nature.
Economics is the study of human nature. It seeks to explain how individuals interact in the exchange of a medium of value: money, barter, services, etc. Psychology, social science, even philosophy also study human nature. Whereas these studies can affect us at different times, the economy constantly affects us.
An economy is a massive interchange of one product for another. It is more complex than weather prediction. Yet one economic system excels at recognizing human nature to its fullest. And that system relies on the one thing the left tells us is wrong: self-interest.
Human nature requires self-interest in order to perpetuate, survive, and thrive. If pursued by a...