Thursday, June 30, 2016

On the Fact that Politicians Rarely if Ever Admit that We Went Too Far but Always Seem to Say that We Didn't Go Far Enough (Whether it Be the Keynesians on Fiscal Stimulus or the Neocons on Burnt Carcasses)

 Hayek referred to this mindset as the Fatal Conceit and, yes, I'm beginning to take the man literally. Very literally.

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