Ed52 Wrote:
Jan 29, 2013 2:18 PM
Just as natural laws have neither pity nor compassion, economic truths are ignored at one's peril. Economics is not regarded as a natural science but it is based on natural people acting rationally. Most political solutions treat symptoms, not problems and are based on impressions and feelings, not analysis. This is irrational but is accepted and lauded because the leaders try hard and mean well while they rely on productive people not to notice the new, progressive, successful and compassionate solutions result in less of everything except bureaucracy.