Friday, October 03, 2008

Luxury or Necessity?

Have you noticed how many pro-"free-market" politicians and pundits believe that theory is a luxury we cannot afford in this time of crisis? What they are probably too dense to realize is that their support for a bailout of Wall Street is also based on a theory. Only it's a bad one.

With allies like that, we hardly need adversaries.

Cross-posted at Liberty & Power.

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