Filed Under: Anything Peaceful
Tags: Economics 101
by Ben Stafford
Politics and the Art of the Possible
Thomas Sowell explains they’re not one and the same.
People can get the possible on their own. Politicians have to be able to offer the voters something that they cannot get on their own. The impossible fills that bill perfectly.
The law of scarcity, and supply & demand can’t be repealed. Sowell points out that politicians promise to repeal these immutable laws if they can’t deliver.Check it out.
Comment by D. Saul Weiner on 1 January 2009:
Good points made by Sowell. In reading through the comments, it is interesting to see the typical attacks on liberals, even though the Bush regime has done plenty to promote these pipe dreams. This crowd also has tunnel vision and only scrutinizes the economic foolishness surrounding them. Someone should add a comment like this: “Bombing a poor 3rd world country into a democratic state – the art of the possible”.