Great myths about the great depression [Thomas Sowell]

townhall.com ^ | October 9, 2003 | Thomas Sowell

[TexanToTheCore]

The government can really do very little to spur the economy.

It can, however, reduce tax rates that should never have been levied to begin with.

It can produce stable prices (through) the Federal Reserve.

Beyond those two items, there is very little the government can actually do to help the economy.

It can, however, destroy the economy with tax rates and restrictive legislation.

[MitchellC]

A Conflict of Visions: Ideological Origins of Political Struggles is required reading.

[logician2u]

Could be.

But millions of his listeners will certainly have heard about it today.

Walter E. Williams, guest hosting behind the golden EIB microphone, had Jim Powell on for 15 minutes in the second hour talking about his book.

Let's see how far it rises above its current Amazon sales ranking of 243 as a direct result of this exposure.

[logician2u]

Jim Powell was on for a few minutes with Walter E. Williams today.

Please let me know when he appears as a guest on Hugh N. Hewlitt's show to talk about F.D.R.'s follies.

I'll be waiting on pins and needles.