Monty Pelerin's World

Economics, Finance and Politics Through The Prism of Classical Liberalism

All I know is just what I read in the papers, and that's an alibi for my ignorance.
Will Rogers
If you think health care is expensive now, wait until you see what it costs when it's free.
P.J. O'Rourke

It's not what you pay a man, but what he costs you that counts.
Will Rogers
A Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever.
John Adams

Patterns of Unemployment

By Monty Pelerin, on November 15th, 2009

Here is a chart from infectious greed that shows the number of unemployed related to the number of jobs offered.

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Economics is extremely useful as a form of employment for economists.
John Kenneth Galbraith
History speaks only to those people who know how to interpret it.
Ludwig von Mises
The art of medicine consists in amusing the patient while nature cures the disease.
Voltaire
The trouble with Socialism is, sooner or later you run out of other people's money.
Margaret Thatcher
Taking the State wherever found, striking into its history at any point, one sees no way to differentiate the activities of its founders, administrators and beneficiaries from those of a professional-criminal class
Albert J. Nock

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