July 2015

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« This Ain't Working | Main | Best Thought for the Weekend --- Don Boudreaux's Letter to the Editor Edition of the Plea to Read Hayek »


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It is interesting that some banks are refusing the bailout: http://news.yahoo.com/s/ap/20090129/ap_on_bi_ge/meltdown_no_thanks, as the contractual terms are not agreed.

Pyrchitko fiddled while our tax dollars burned.

The last 4 words in the opening paragraph are highly descriptive... "and for other purposes".

How carefully did the members of the House of Representatives read this? I think we all know the answer. The stimulus frame-of-mind is further degrading democracy. You cannot have this kind of vast planning in a representative democracy. This is the real reason why Obama wants his program approved by mid-February and no later. Were the package to be carefully studied the "consensus" would break down.

Fiddling? Nice call Stewart:)

Dave, are you out of logs to split?

Yes, no more logs for now -- all split, weathered, and piled.

In addition to running off and fiddling (which, by the way, I've always said I'm not a good fiddler), I also sleep, play board games with my kids (and ice skate, etc with them, too), take my wife out to dinner, read poetry, and on and on, all while our tax dollars are burned. I wonder if you all think I should devote 100% of my time to economics, my profession.


Several months ago I think I mentioned Don Lavoie's National Economic Planning: What is Left? His critique of Indicative Planning, etc., is once again as relevant now as it was when it emerged in the U.S. during the late 70s and early 80s.

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