Wednesday, July 27, 2011

Quote of the Day

"I infer that our President has had a very deep, very true, and indeed very depressing education in public choice economics.  And I infer that any path to a workable fiscal conservatism will be tougher and more painful and more distortionary than we had thought.


Personally, I still would opt for an alternative route, even if it were doomed to fail politically.  But that’s a luxury I have precisely because I am not…President of the United States."

- Tyler Cowen

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