-
Their subsidization of solar panel production is, believe it or not, has little or no impact on the pace of solar energy research and development. If they subsidized the production of cell phones, new faster, smaller, more reliable cell phones would still be coming out every year. The only difference...
-
1. Throw all the money that they tax from you in the sea? OR 2. Spend that money? As far as my knowledge in economics goes, number one is the same as the government cutting the money supply, thereby having a deflationary effect. No resources are misallocated by government spending but consumption is...
-
Which do you think is better? Taxation with or without spending? I think Lew Rockwell said in "Speaking of Liberty" that he'd prefer the government throw all our stolen money into the sea rather than spend it and waste resources. Doesn't this go against empirical evidence of structurally...
-
I think that President Obama plans to borrow more US dollars back from the Foreigners that earned the US dollars manufacturing US consumable products and then provide temporary jobs for unemployed US citizens to construct "Pork Barrel" projects, or rake leaves, or dig a hole today and then...
-
I argue that stimulus package doesn't work because it misallocates capital from the sectors that need them to the unproductive sectors. Socialist says government investments in education, health care, and infrastructure are very important as these are all basic to an economy. How can you say these...