Archive for June 14th, 2009
Conservatism is fatally flawed
Sunday, June 14th, 2009Is capitalism fatally flawed? asks Paul McDonnold in the Christian Science Monitor. Recessions, like hurricanes, leave wreckage behind—bankrupt businesses, high unemployment, and sometimes even tattered philosophies. No, they don't. Inflationary booms leave bankrupt businesses and unemployment, not to mention devalued currency, behind. Recessions correct those mistakes. The only "tattered philosophy" I've ...