A Tale Of Two Economic Styles
From the desk of Richard Rahn on Thu, 2013-01-17 02:34
Will 2013 be a better year? A number of economic commentators have been saying the worst is behind us. I think they are wrong, and here is why. In most major countries, including the United States, government is growing faster than the private sector.
As Mitchell's Golden Rule explains, when the private sector grows faster than government, prosperity increases, and when government grows faster than the private sector, misery increases.
As Mitchell's Golden Rule explains, when the private sector grows faster than government, prosperity increases, and when government grows faster than the private sector, misery increases.
Awards And Their Politics
From the desk of George Handlery on Sun, 2013-01-13 06:28
Without intending to do so, real life produces more absurdities than the fantasy of the talented creators of fiction could conjure up. Alas, most of these abnormalities are as entertaining as they are ultimately harmful to those involved. Especially disturbing is that the clowns that cause these slip-ups are not in the humor business full time. That makes the jest, if you can discover it, unintended. That also means that no praise is due for the amusement provided. The chuckles provoked are unintended byproducts. They reflect bias, incompetence, and lack of realism.
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