Between a good and a bad economist this constitutes the whole difference - the one takes account of the visible effect;
the other takes account both of the effects which are seen, and also of those which it is necessary to foresee. ~Frederic Bastiat
Economics puts parameters on people’s utopias. ~Peter Boettke
The 'social contract' is to the politician what 'original sin' is to the priest. ~Don
The vision of the helpful and protective state is the most pervasive and counter-productive ideology in the world today. ~Don
I tend to blame the Feds for Don, actually.
If they'd get it right, we wouldn't need Don pointing out that they'd gotten it wrong.