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Topic: 2013-04-18 Forbes - The Fiat Emperor Has No Clothes (excellent Krugman rebuttal) (Read 979 times)

copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
I particularly liked this part:

Quote
Though, just like the untainted child in the Hans Christian Andersen fairy tale, some of us are beginning to notice. It’s not the illusion itself that so offends our sensibilities, but more the notion that a competitive illusion is not to be permitted. If a free market illusion voluntarily agreed to from the bottom up is so desperately feared, then the protectors of the State-sanctioned illusion must not have the most benevolent of motives in store for us plebeians.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
The fiat emperor has no clothes!
sr. member
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