When someone preaches ‘Economics in one lesson’ I advise: Go back for the second lesson.Free markets do not stabilise themselves. Zero regulating is vastly suboptimal to rational regulating. Libertarianism is its own worst enemy!
Wednesday, December 23, 2009
Quotations: Paul Samuelson
When someone preaches ‘Economics in one lesson’ I advise: Go back for the second lesson.
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1 comment:
This wouldn't be the same Paul Samuelson who told us in the 80's that the Soviet Union economy was doing just fine, and was, in fact, proof that socialism wasn't a problem.
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