art carden being blunt on economic ignorance

On Forbes:

If you’re advocating price controls and don’t understand what the laws of supply and demand have to say about your proposal, you aren’t courageous or compassionate. You’re dangerous.

On EconLog:

Perhaps you will be asked “what does it say about us as a society that we don’t permit people to be paid substandard wages or to be gouged after natural disasters?” I answer “it says we’re willing to watch people suffer in order to flatter ourselves,” but that’s beside the point.

About christopher fisher

The blog is meant for educational/entertainment purposes. All material can be used and reproduced in any length for any purpose as long as I am cited as the source.
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