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Thursday, May 15, 2008

Politicians and Economics

While a number of people say that many economic policy issues are "too complex" for the general public Thomas Sowell argues that for the most part these concepts - supply and demand more instance - are simple. However, supply and demand doesn't offer good villains for politicians to demonize, so they instead offer absurd "solutions", public hearings that go nowhere, and demagoguery.

Sowell's Commentaries:
Part 1: on the subject of fuel prices. Part 2: on the topic of affordable housing. Part 3: on chain stores and prices.

1 comment:

trucks222 said...

raise gas tax ; do not lease turnpike; not good idea