Problem is, economics takes too long to explain.
A boo-hoo anecdote usually makes the news and pressures people to “care” and be “fair”.
Sure ... in the face of economic trouble, just tax the heck out of productive people, print money as fast as you can, and spend it like a drunken sailor. I mean, it worked before, didn't it? What? You mean, it didn't work before? Well ... this time will be different.
If you want a fun, and sometimes sad, exercise, ask people if they would like to have as much personal liberty as every American had right after the Bill of Rights was passed. I found it very common for people to say they would not.
Why do these threads always devolve into..."it's too late...we'll never learn..."
Do you people know what you sound like? Limpdicks.
Before you attack me, just read your posts. And see if you can find a sentiment like that among the founders.
If you're so all fired sure it's hopeless, wtf are you hanging around for? I don't get it.
RE “The challenge for my generation,” he said, “was to provide an intellectual defense of liberty. The challenge for your generation is to keep it.”
I agree 100%. Unfortunately NO one in Washington, not even our so- called conservative elected leaders, has shown any beliefs in our economic freedom. We havent seen that since early 1990s.
Try bailouts and stimulus packages.
bumpforlater
By far the most-read econ text is still Samuelson, treating the subject as "science" and boring the sh!t out of most students, who will likely never again pick up an econ book as a result.
As far as winning the political battle is concerned, it should be fairly obvious that we're losing that one, big time. The Forbes article goes on to list a number of outrageous things a Republican president and/or a Republican congress did which go against every principle of free-market economics. (If any of these Republicans ever read Friedman, which I doubt, they should hang their heads in shame.)
Going, going.....
Some people will be a bit surprised when they see their score.
I'd be curious as to how certain well-known members of the political nomenklatura would come out -- theoretically, of course, since we all know they would refuse to take it.
On another thread, an idiot writer in Missouri argues the average person doesn’t have the capacity to know the difference between self defense and homicide. She argues it should be left to law enforcement to provide for our defense.
“A nation without virtue, has and deserves no freedoms.” —”Me” 2008—