Monty Pelerin's World

Economics, Finance and Politics Through The Prism of Classical Liberalism

Monty Pelerin's World

Tag archives for Willie Sutton

Willie Sutton, Banks and Government

banksmages (2)

Big banks continue to plague the country. This is not a new issue. Reports from the Reagan Administration have then Secretary of the Treasury George Schultz being advised that some company was in trouble and was “too big to fail.” His response was: “make them smaller!” Schultz’s response was correct then and more so today. Unfortunately [...]

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Why There Is No Budget

insolvency1111

From Ed Driscoll comes this spot-on analysis of why the Democrats can’t submit a budget. In short, they cannot reveal what they are up to and where they want to take the country: As Ace writes, “I’ve said this forever, but the Democrats can’t speak a plan aloud, because there are only two options:” 1. Reduce benefits, which [...]

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