Simple and clear analysis like Dr. Boettke’s excellent post, “Some Basic Economics of Public Policy,” [posted below] and that of fellow economist Dr. Steve Horwitz are the kinds of arguments that will help the average citizen see through the fog so prevalent in Washington, D.C. An excerpt from Dr. Horwitz’s post and the link follow:
“…Bottom line: the more that those of us who are skeptical continue to even refer to this as a “stimulus” plan, the more we play into the other side’s hands. This isn’t a stimulus package, it’s a whole bunch of programs designed to extend the state’s role in the economy and in our personal lives, and to do so at enormous cost to us, and to our children and grandchildren. Let’s challenge the rhetoric of fear and crisis and name this for what it is:…”
Read the rest here
