The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. – F.A. Hayek
Posted in Price System on Dec 1st, 2011
One of my favorite Christmas cartoons (claymations) was the Year Without a Santa Claus. That’s the one with this guy in it: His brother Snow Miser is also in the show. I got to thinking about their names while hanging some Christmas lights the other night and you know what? They’re incredibly stupid! Calling these [...]
Posted in Welfare State on Jun 13th, 2008
It is an oft repeated canard that the “American economy is not working for the vast majority of middle and lower-income Americans.” What follows from this are recommendations that have vitually nothing to do with making it work better for these people, but are elaborate schemes to get politicians re-elected, to cater to powerful interest [...]
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