Son of “Stimulus”
Posted in The Goal Is Freedom on 10 July 2009
Stats: 45 views and 23 Comments Bad economic policy proposals usually have a superficial logic that fools the economically illiterate into thinking the policies really make sense. For example, anti-price-gouging laws seem to keep goods affordable during emergencies. The government says no one may raise prices "excessively" on generators, batteries, and bottled water. Hurray for wise ...
Posted in The Goal Is Freedom on 10 July 2009
Stats: 45 views and 23 Comments Bad economic policy proposals usually have a superficial logic that fools the economically illiterate into thinking the policies really make sense. For example, anti-price-gouging laws seem to keep goods affordable during emergencies. The government says no one may raise prices "excessively" on generators, batteries, and bottled water. Hurray for wise ...
The Fallacy of Composition
Posted in Not So Fast! on 22 January 2009
Stats: 2,158 views and 9 Comments After covering last week the Fallacy of Collective Terms by Lawrence Reed, today I discuss the “Fallacy of Composition.” Reed says: This error also involves individuals. It holds that what is true for one individual will be true for all others. The example has often been given of one who stands up ...
Posted in Not So Fast! on 22 January 2009
Stats: 2,158 views and 9 Comments After covering last week the Fallacy of Collective Terms by Lawrence Reed, today I discuss the “Fallacy of Composition.” Reed says: This error also involves individuals. It holds that what is true for one individual will be true for all others. The example has often been given of one who stands up ...
