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About The Case for Big Government
Yet another screed against free markets. It's too bad that the average rant of this variety neglects that we haven't had free markets for a very long time. What could be more important to a so-called "free market" than the price of money? In order for a free market to exist, interest rates would need to float freely, not be set by the Fed. The Fed "sets" (translation: rigs) interest rates which causes economic dislocations and malinvestment. What we've had is crony capitalism and rigged markets for large corporations and the Federal Reserve Banks. Government isn't the solution - individuals need to keep what they earn so that they don't need to borrow money and be played by banks and vote-buying politicians.
Detailed Information
| Author: | Jeff Madrick |
|---|---|
| Publication Year: | 2009 |
| ISBN: | 9780691123318 |
| Pages: | 218 |
| Language: | English |
| File Size: | 1.044 |
| Format: | |
| Price: | FREE |
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