“The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective assessment of our situation. But can you imagine a media commentator making the following assertion? "The debt problem has become so extreme that we have no choice but to raise taxes on the rich."” ProblemChoicesSocialSituationRichCuttingImagineMediaTaxesCapitalismRaisesFollowingExtremesDebtSpendingStatementsObjectivesAssertionCommentatorsAssessment Author:Linda McQuaig
“The absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the following little scenario: "Can you direct me to the railway station?" asks the stranger. "Certainly," says the local, pointing in the opposite direction, towards the post office, "and would you post this letter for me on your way?" "Certainly," says the stranger, resolving to open it to see if it contains anything worth stealing.” IfsWayLittlesChoicesAsksWinningTheoryOfficeDirectLettersOppositesFollowingStrangerLibertarianStealingLocalsPostsPrizeStationsAbsurdityEconomistPointingScenariosCapturedNobelNobel PrizeRailwayPost OfficeRailway StationPrize Winning Book:All you can eat: greed, lust, and the new capitalism Source: All you can eat: greed, lust, and the new capitalism
