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
Showing posts with label Don Boudreaux. Show all posts
Showing posts with label Don Boudreaux. Show all posts
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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