"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Commentary on John Medaille’s 'Toward a Truly Free Market'
Submitted by Michael Kleen on Fri, 2010-11-12 04:00
Modern economic theory has been a dismal failure, creating a “superhighway” toward serfdom, with a legacy in the United States of an “unrepayable” federal debt of $12 trillion in 2010, up from a mere $700 Billion in 1981. That is JUST one of the sobering conclusions to be found in John Medaille’s splendid new book, Toward a Truly Free Market: A Distributist Perspective on the Role of Government, Taxes, Health Care, Deficits, and More (ISI Books, 2010).
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