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Will take care of it. "The invisible hand" market process works so automatically that The majority of people also does not reflect on it. They simply accept as Due that the goods are made approximately in those quantities, in what
Consumers wish them to get. Long turns, characteristic for the countries with
On-line planned economy, practically to strangers,
Living in market economy conditions. Availability of a huge variety
The goods which amazes imagination even modern consumers, too
It is in many respects taken for granted. "The invisible hand" creates an order,
Harmony and a variety. This process, however, goes so it that
Very few people understands its essence, and only the few do to its justice. That not
Less, it is solving for economic well-being of a society.
NEGLECT BY-EFFECTS AND THE REMOTE CONSEQUENCES
ECONOMIC DECISIONS IS THE MOST WIDESPREAD REASON
MISCALCULATIONS IN ECONOMY
Henry Hazlit, the known author of popular jobs on economy, has written the book
Under the name "Economy in one lesson" (Henry Hazlitt, Economics in One
Lesson, New Rochelle: Arlington House, 1979). This unique lesson
Consists in that, analyzing any economic project, "follows
To trace not only instant, but also its long-term results; not
Only primary, but also its secondary consequences; its influence not
Only on separately taken groups of the population, but also on a society as a whole ".
- considered that the inability to use in practice this lesson is
The most widespread reason of economic miscalculations. With it it is difficult
To argue. It a stream of offers to help separate branches, regions
Or to groups of the population how it will affect all society in
The whole. Politicians again and again pay our attention to the short-term
Benefits of measures offered by them, without thinking of long-term consequences. And
It is natural that they exaggerate benefits, a word without having mentioned about
Costs. When benefits are momentary and lie on surfaces, and costs
Are less appreciable and are realised mainly in the future, - organised
To the groups pursuing the interests, it is possible to force people
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