BEST OF JIM COOK
May 12, 2009
Recently, at a dinner party, the conversation turned to the economy and the direction of our country. "Who will save us?" I asked aloud. A few weeks later it occurred to me that what can save us is Austrian economics. Some call it Libertarian economics. It extols the virtues of a free market and it’s beginning to catch on. One of the chief purveyors of this economic viewpoint is Lew Rockwell of the Mises Institute. I’ve excerpted a few paragraphs from one of his recent essays.
"President Obama is under the impression that history owes him $1 trillion right now to spend on whatever he wants. His language is strident and full of irritation that anyone would question his right to live out his personal dream of being Franklin Roosevelt to George Bush’s Hoover. This, he says, is what the election was all about.
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