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Re: Guest Post: Quite Possibly The Dumbest Thing I�ve Heard An Economist Say

By: ribit in ROUND | Recommend this post (0)
Wed, 18 Jul 12 12:41 AM | 62 view(s)
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Msg. 42654 of 45651
(This msg. is a reply to 42650 by capt_nemo)

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capt
There are creative entrepreneurs all over the world. What makes a difference. . . is the government.”

...there are creative entrepeneurs in shallow unmarked graves all over the world. What makes the difference is gubmint.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Guest Post: Quite Possibly The Dumbest Thing I’ve Heard An Economist Say
By: capt_nemo
in ROUND
Wed, 18 Jul 12 12:33 AM
Msg. 42650 of 45651

To give you an example, I’ve just finished Nobel laureate Joseph Stiglitz’s new book The Price of Inequality in which he writes something that may be the dumbest thing I’ve ever heard from an economist:

“[T]he success of [Apple and Google], and indeed the viability of our entire economy, depends heavily on a well-performing public sector. There are creative entrepreneurs all over the world. What makes a difference. . . is the government.”

http://www.zerohedge.com/news/guest-post-quite-possibly-dumbest-thing-i%E2%80%99ve-heard-economist-say?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29


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