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The Myth of Rural “Assistance”
“Just as in the New Deal electrification boondoggle, it is a much better value, from a bureaucratic perspective, to waste taxpayer money than to allow organic, free-market solutions to beat them to the punch.” ~ Paul Schwennesen
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This is Why We Can’t Have Nice Things: Directionalists vs. Destinationists
“Being proud of the purity of your positions by defining Friedman, Stigler (and Munger, let’s face it) as ‘reds’ is a recipe for well-deserved irrelevance in a system governed by numerical majorities.” ~ Michael C. Munger
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More Interest Rate Hikes Ahead
“Fed officials will likely continue tightening, and to a greater extent than previously projected. Their overreaction will not undo the damage of acting too late. It will make matters worse.” ~ Nicolás Cachanosky
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