No. of Recommendations: 0
Seeing a number of philosophical posts on this board lately, I thought I would add one of my own.

I generally agree with Adam Smith's concept of the "Invisible Hand", where our own selfish decisions cause results that benefit the whole. But if I chuck it all and relax, then society is deprived of the goods and services I might (admittedly a big might) have otherwise produced.

So are the early retirees damaging the economy by reducing the total level of goods and services produced or does their example inspire others to spend and invest more sensibly; thereby improving the economy?

Baanista
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.