To: LS
So, if you don't have a degree in economics, you can't have a thought about economics, huh?No, just that Mr. Wanniski's "thoughts" are predictably biased and non-objective.
They shouldn't be confused with sound economic theory.
To: Willie Green
I gave you "sound economic theory" by two current well-respected economists, Doug Irwin and Mario Crucini, who independently came to the conclusion that Hawley Smoot was a disaster, and that previous economists (who likewise called it a disaster) weren't even close in measuring its impact due to DEFLATION, another fine result of FDR's great legacy.
36 posted on
07/24/2002 6:20:49 PM PDT by
LS
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