MicroGroks
Emphasis mine: Industrial policy is the replacement of price-guided resource-allocation patterns with commands issued by politicians and their hirelings. But as Hayek points out, it is impossible for politicians and their hirelings to possess any of the “knowledge of the particular circumstances of time and place” that must be known if the resulting use of …
He’s made it clear – we individuals need the handy helping hand to direct our every move and decision. This from Prof. Don Boudreaux (emphasis mine):
The Global Competitive Report fr 2012-2013 has bad news for the US – it seems that Obama’s policy of Determined Weakness is succeeding: …This year’s Report features a record number of 144 economies, and thus continues to be the most comprehensive assessment of its kind. It contains a detailed profile for each of the economies …
Good going Obama (and your pernicious pack of Progressives!) Read More »
