All Posts Tagged With: "fallacies"
A Simple Solution
There is always an easy solution to every human problem – neat, plausible, and wrong. —H. L. Mencken I have devised a simple plan for improving Americans’ health by drastically reducing everyone’s weight, thereby significantly increasing longevity and reducing medical costs. All we need to do is revalue the pound. Instead of a pound being [...]
24Aug2011 | Richard W. Fulmer | 1 comment | ContinuedThe Continuing Fallacy of Government “Creating Jobs”
Adam Smith said it best when he noted that "consumption is the sole end and purpose of all production." Unlike what Reich claims, an economy cannot be oriented solely toward production or solely toward consumption.
25Nov2009 | William L. Anderson | 2 comments | ContinuedA Reviewers Notebook
“Straight thinking,” says George Leland Bach in his Economics: An Introduction to Analysis and Policy (New York: Prentice-Hall. 720 pp. $6.50), “is hard work.” And he continues, “Straight thinking in economics is especially hard.” Since Professor Bach, a most undogmatic man, writes for thousands of students, his opinion about thinking is especially important. But even [...]
1Jul1956 | John Chamberlain | 0 comments | ContinuedSome Mistakes of Marx
Mr. Chamberlin, author of the definitive two-volume history of the Russian Revolution and numerous other books and articles on world affairs, is uniquely qualified to discuss Marxian errors by having lived and traveled where such mistakes are most obvious. The evil that men do lives after them.” This maxim applies with singular force to the [...]
1May1956 | William Henry Chamberlin | 0 comments | ContinuedFreedom In Transactions
In 1848, a French legislator tried to tell his countrymen how the God-given self-interest of each person benefits the welfare of the group On entering Paris, which I had come to visit, I said to myself—Here are a million of human beings who would all die in a short time if provisions of every kind [...]
1May1955 | Frederic Bastiat | 0 comments | Continued-
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