Top Ranked economic fallacies by fharrison (View Consensus)
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1. right to enslave right to enslave
Rand Paul: With regard to the idea of whether you have a right to health care, you have to realize what that implies. It's not an abstraction. I'm a physician. That means you have a right to come to my house and conscript me. It means you believe in slavery. It means that you're going to enslave not only me, but the janitor at my hospital, the person who cleans my office, the assistants who work in my office, the nurses. Basically, once you imply a belief in a right to someone's services... You're basically saying you believe in slavery. You're saying you believe in taking and extracting from another person... In order to give something concrete, you have to take it from someone. So there's an implied threat of force.
2. wealthy hoard their weath wealthy hoard their weath
In an inflationary economy, it's ridiculous to just sit on billions in cash or "hoard" it. Most wealthy people like Elon store their wealth in investments, which create products that people want, create jobs, and more positive externalities while also increasing their wealth.
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