Tom Tomorrow gave us The Invisible Finger in a post to this blog late last year. Now, the Masters of the Universe on Wall Street have given us the finger. We only think it's The Invisible Hand. Was the POTUS thinking about this when the "60 Minutes" correspondent, Steve Kroft, asked the POTUS if he was "punch drunk" when he got the giggles during the Q&A about the Wall Street mess? If this is (fair & balanced) gallows humor, so be it.
[x Wikipedia]
"The Invisible Hand"
The invisible hand is a metaphor coined by the economist Adam Smith (1723-1790). Once in The Wealth of Nations (1776) and other writings, Smith demonstrated that, in a free market, an individual pursuing his own self-interest tends to also promote the good of his community as a whole through a principle that he called “the invisible hand”. He argued that each individual maximizing revenue for himself maximizes the total revenue of society as a whole, as this is identical with the sum total of individual revenues.
[x Salon]
This Modern World "The Genius Of Capitalism" (Hosted By The Invisible Hand)
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 Salon and Working for Change. 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 © 2009 Salon Media Group, Inc.
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Copyright © 2009 Sapper's (Fair & Balanced) Rants & Raves
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