Re: Weather Channel Founder says\"Global Warming is Biggest Scam in His
adios,
Long post, so I won't quote it. I made my point in my last post - reallocation is inefficient in terms of wealth creation. It takes money from people who might use it to create more capital wealth, and reallocates it in a way that might create mores "social wealth" if you will. Having publically funded education, stipends to the poor, publically funded health care (to some degree), and so forth. Those are my examples, and that's my point.
As an interesting aside, studies have shown that the human brain makes trade offs between efficiency (or total wealth) and inequity. It's different for each person, but in comparing various allocations, both of these things are considered and weighed.
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