Via MorningGlory2. (No, she hasn’t come back, but there are advantages to being related)
How much oil did the government save with Cash for Clunkers?
So what happened with this program is people sold otherwise useful cars for $2500 and a loan on a new car for an amount guaranteed to be more than the car is worth before the ink is dry on the loan agreement. The useful car was then destroyed by the government.
An analysis of Garet Garrett’s depression era criticism of government debt as it relates to today’s economic crisis. Giving power and money to government is like giving alcohol and car keys to teenagers.
There’s a new comic over at Anarchy In Your Head today. Free advice from Dr. Barskey.
Note: Dr. Barskey is not a doctor, and has disavowed all advice presented in this comic. Especially the coffee enemas.
Do you want to read about economics? Do you use an e-book reader, such as the Kindle or the Nook? Do you hate the way converting PDF’s never works quite right? Thanks to the Mises Institute you can now get many books in the EPub format for free, with more on the way. Now get over there and learn something!
Found this over at No Coercion. Are stateless societies bound to fail? It’s part of the basic framework of DRO’s, which I’ve already discussed, but worth a read.
Destroy The Ring 