Enacting legislation is neither an "achievement" nor an "accomplishment" that, standing alone, deserves credit. To think otherwise is akin to thinking that a rain-dancer deserves credit for performing his fancy ritual even if afterward the crops continue to wilt because the drought persists.
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Thursday, September 23, 2010
Legislating Is Not An Achievement
Posted By Milton Recht
A Cafe Hayek, Don Boudreaux quote I like:
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The blog is composed in basic English with no yearning towards writing.
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