Bail Out Koch Industries
Posted in Economics Problems, Economists, Methodology, You Can't Have it Both Ways on Nov 1st, 2012
If you watched the debate you are aware that the bailout of the American automobile industry is seen as a badge of honor, a sign of economic rectitude, evidence of leadership and so on. Ignore the fact that pointing to the “success” of the auto-bailouts is akin to celebrating the rock-tossing boy in Bastiat’s famous […]