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EFFICIENTLY_INVISIBLE

                                   April 29, 2001


Efficiency arguments do not
trump all other arguments.

Most of us could not be
convinced that slavery
was a good thing if it             Though, thankfully this
were argued it was more     	   argument is rarely made.
efficient than free labor.	   If anything it's usually
                                   presumed that efficiency is
				   maximized by freedom.
   Efficent at
   doing what?
   				      Possible exceptions:
   What is the return
   and how is the cost 		      "But we can't
   of the investment 		      win this war
   measured?  			      without 	         If so, you don't
   				      conscription!"  	 deserve to win it.
      True "free market"
      prices are rarely 	      Free trade between
      available for any 	      nations must always
      commodity: "distortions"        be maintained...
      abound...        	   	      even if some of the
                                      nations are not free     One
      The distortions may             themselves?  	       extreme
      in fact be more real                                     case:
      than the ideal.                                          convict
               	       		          Mandatory            labor.
                                          national
         The warp and                     service for
         woof of reality?                 teenagers is
                                          sometimes
               (warp and                  discussed.
                woof are
      	        pretty
                cool words.)

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