Here’s David Friedman’s short and insightful chapter – from the forthcoming 3rd edition of his classic book, The Machinery of Freedom – entitled “The Conservative Mistake.” (HT David Henderson)
I’m getting lots of requests (as is Russ, too, I suspect) to comment on the Pope’s latest error-ridden excursion into economics. All I will say now is that the Pope seems to know as much about economics as I know about theology, which is next to nothing. Marty Mazorra, in contrast to the Pope, knows much economics and, as a result, keeps matters in proper perspective.
George Will documents some recent instances of government and “Progressive” foolishness.
… and Taylor thens weighs in on Paul Krugman’s poorly grounded objection to Taylor’s argument.
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