Economic, Financial and Political Analysis

Tag: Agencies

Government Failure(s)

Government Failure(s)

By on April 24, 2011 in Government, Keynesian, Regulation with 0 Comments

James L. Payne has written Can Government Manage the Economy, a perspective on modern-day witchcraft as practiced by government. The assumption that such management was feasible was invalidated almost immediately: For 98 years the federal government has been attempting to prevent asset bubbles, recessions, and spasms of unemployment. In 1913 Congress and Woodrow Wilson created [...]

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