Quote of the day
October 4, 2008 – 12:21 pm by John“The Soviet economy is proof that…a socialist command economy can function and even thrive.” —Nobel Prize winner Paul A. Samuelson, 1989
Hat tip: Robert Higgs, in an excellent rant about the impracticality of every government-created economic program, such as the recently-collapsed Fannie Mae and Freddie Mac.