Wednesday, January 9, 2013

How to Kill Economies

Meeting you with a view to a kill
Face to faces, secret places, feel the chill
--Duran Duran

Nice list of various ways to kill economies. The list includes:

Propping up failing organizaitons and industries
Intervening in foreign trade
Regulations
Minimum wage laws
Income taxes
Wars
Socialized health care
Kicking out immigrants
Abolishing interest rates (nice way to state it)

The sad thing is that this is not a theoretical list. We are doing all of these.

Scratching your head as to why we're not getting anywhere economically? Study the list.

Also, to those of you fingering 'unfettered capitalism' as the cause of our problems, you are being disingenuous. Markets have been trending less free for decades.

1 comment:

dgeorge12358 said...

We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force.
~Ayn Rand