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Tuesday, June 12, 2007

Differing views from differing blogs

The Mises Institute says that government is worthless:

"There is no such thing as public investment, only public consumption. This conclusion follows immediately once we clearly recognize the distinctive character of government's economic position within a division-of-labor economic system."

Brad DeLong longs for Econ professors that tout the governments ability to enhance economic welfare:

"Instead of carrying around an Austrian model in their heads in which we assume total selfishness, zero transactions costs, and conclude that transfer payments are suspect, they’d be hearing about Possible efficiency gains due to taxes and transfers"

I'll let you decide which argument makes the most sense.

5 comments:

Anonymous said...

any changes coming ?

Anonymous said...

I really like when people are expressing their opinion and thought. So I like the way you are writing

Anonymous said...

You have to express more your opinion to attract more readers, because just a video or plain text without any personal approach is not that valuable. But it is just form my point of view

Anonymous said...

по моему мнению: мне понравилось.. а82ч

Anonymous said...

Do you have copy writer for so good articles? If so please give me contacts, because this really rocks! :)