Bonus Quotation of the Day…

by Don Boudreaux on June 21, 2018

in Myths and Fallacies, The Economy, Trade

… is from page 118 of Steven Pinker’s wonderful 2018 book, Enlightenment Now:

Perhaps most damaging, the [false] impression that the modern economy has left most people behind encourages Luddite and beggar-thy-neighbor policies that would make everyone worse off.

DBx: Trump’s presidency – although fueled also by several other noxious notions, fallacies, and superstitions – is made possible in part by the absurd refusal by many people, largely those on the political left, to acknowledge that the living standards of ordinary Americans have improved dramatically since the mid-1970s.


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