Archive for February 19th, 2009
Quote of the day
Thursday, February 19th, 2009Writes Robert Higgs: These [public–private] partnerships, which epitomize economic fascism, promise to waste resources on a wide front. The idea that politicians and politically appointed “experts,” in league with rent-seeking businessmen, can allocate resources more effectively than the private capital markets is a characteristic form of the folly that is leading ...