Most Economic Fallacies Device from the Tendency to Assume That There is a Fixed Pie, That One Party Can Gain Only At the Expense of Another. – Milton Friedman
3 thoughts on “Most Economic Fallacies Device from the Tendency to Assume That There is a Fixed Pie, That One Party Can Gain Only At the Expense of Another.”
The problem, of course, is that most pie thieves stop making their own pies, which reduces the amount of pie for everyone
the key is to sell fantasies to the greedy lazy easily manipulated lower levels of society Buying their votes with fakeIOUs
. Milton Friedman: author of my freshman Econ 101 book “Capitalism and Freedom”
The problem, of course, is that most pie thieves stop making their own pies, which reduces the amount of pie for everyone
the key is to sell fantasies to the greedy lazy easily manipulated lower levels of society Buying their votes with fakeIOUs
. Milton Friedman: author of my freshman Econ 101 book “Capitalism and Freedom”