Comment by kyboren

Comment by kyboren 3 days ago

1 reply

Hallelujah. Shout it from the rooftops!

Markets are powerful tools--perhaps the most powerful tool we have to shape human interactions. But too many people believe in a sort of market gospel ("Supply Side Jesus"); that market forces are as inevitable and inflexible as the force of gravity. In reality, policy choices shape markets and careful market design can deliver politically-favorable outcomes.

Markets work for us, not the other way around. "You shall not crucify mankind upon a cross of gold!"

WalterBright 3 days ago

The government constantly tries to repeal the Law of Supply & Demand. That never works.