Re: REALLY OT: News Flash
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On Saturday 24 February 2007 14:06, Ron Johnson
<ron.l.johnson@cox.net> was heard to say:
> "People" don't give a right rat's ass about prices and wages
> correcting when they (and their families) are hungry and being
> tossed out of their homes.
>
> That's the fatal flaw of economics.
"People" are generally not taught that it is the prevention of prices
and wages from correcting that is causing they (and their families)
to be hungry and tossed out of their homes.
That's the fatal flaw of government-sponsored education.
One of the hallmarks of the "New Deal" was the destruction of vast
quantities of food supposedly for the purpose of "keeping prices up".
If people were hungry, how would a decrease in price and increase in
quantity of food have been anything but a good thing?
But this ignores the fact that the Great Depression was caused by
government.
America's Great Depression, Murray N. Rothbard (free online)
http://www.mises.org/rothbard/agd/contents.asp
It is also so completely off topic that I will be glad if anyone asks
but otherwise I'll leave this alone now. Thank you for indulging.
- --
An-archy, noun. Rules without Rulers. Not to be confused with chaos.
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