Why are economic arguments based on what best increases national output? If people say, "This policy won't work," what they mean is that they think it won't increase the nation's GDP.
They object to...
- policies that might lead to lower tax revenue.
- free markets if freedom might lead to Americans losing their jobs to foreigners -- as if foreigners don't matter or are "less equal" than Americans.
James Leroy Wilson's one-man magazine.
Monday, July 25, 2011
Nations Don't Have Economies
Check out my latest at the Downsize DC Foundation. Excerpt:
Labels:
Downsize DC,
economics,
Money
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