Once again, Tom Tomorrow gives us another lesson in free-market economics from The I.H.O.T.F.M.(Invisible Hand Of The Free Market)-Man. To clarify the arcane reference, the Great Wikipedia teaches us that The Invisible Hand
also known as the invisible hand of the market, is the term economists use to describe the self-regulating nature of the marketplace. This is a metaphor first coined by the economist Adam Smith in The Theory of Moral Sentiments (1759). For Smith, the invisible hand was created by the conjunction of the forces of self-interest, competition, and supply and demand, which he noted as being capable of allocating resources in society. This is the founding justification for the laissez-faire economic philosophy.
This post marks the tenth time that The I.H.O.T.F.M.(Invisible Hand Of The Free Market)-Man has appeared in this blog. To see all of the previous posts about the Invisible Hand, use the Google search window in the upper left corner of this page. Copy/Paste The Invisible Hand Of The Free Market-Man in the window, click on the magnifying glass icon, and Shazam! All of those 'toons will appear on your screen. To make sense of the mess o'toons, Google/Blogger supplies a tool at the top of the array: "Showing posts sorted by relevance for query — Sort by date Show all posts." If this is a (fair & balanced) humorous or satirical drawing, so be it.
[x This Modern World]
The Invisible Hand Strikes Again!
By Tom Tomorrow (Dan Perkins)
[Dan Perkins is an editorial cartoonist better known by the pen name "Tom Tomorrow". His weekly comic strip, "This Modern World," which comments on current events from a strong liberal perspective, appears regularly in approximately 150 papers across the U.S., as well as on Daily Kos. The strip debuted in 1990 in SF Weekly.
Perkins, a long time resident of Brooklyn, New York, currently lives in Connecticut. He received the Robert F. Kennedy Award for Excellence in Journalism in both 1998 and 2002.
When he is not working on projects related to his comic strip, Perkins writes a daily political weblog, also entitled "This Modern World," which he began in December 2001.]
Copyright © 2012 Tom Tomorrow (Dan Perkins)
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Sapper's (Fair & Balanced) Rants & Raves by Neil Sapper is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Based on a work at sapper.blogspot.com. Permissions beyond the scope of this license may be available here.
Copyright © 2012 Sapper's (Fair & Balanced) Rants & Raves
