Monday, November 24, 2008

Tyler Cowen Defend Welfare State!

Profesor Cowen says, “The good New Deal policies, like constructing a basic social safety net, made sense on their own terms and would have been desirable in the boom years of the 1920s as well. The bad policies made things worse. Today, that means we should restrict extraordinary measures to the financial sector as much as possible and resist the temptation to “do something” for its own sake”.


Read more here 

No comments: