Kris Carlson

Just another weblog

Recommended reading on the economy

Imprimis from Hillsdale College.

& check the archives.

Thomas Sowell.

Here’s a great paraphrase of an economist on CSPAN, I believe.

‘One of the biggest causes of our current economic predicament is that we can’t easily choose from a competitive marketplace of money. To say all money should be based on gold is as bad as saying people don’t need a selection of fruits–apples, oranges, bananas–let’s just choose for them and make things simple.’

And money is a far more important product than fruit. If the government had to offer its money in a competitive marketplace, it would be forced to be more fiscally responsible.

October 22, 2010 - Posted by | Economics

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