How to deal with a stalled economy

posted by
June 7, 2011
The Liberty Papers
by Brad Warbiany  
Posted in Commentary

"Our economy isn’t behaving like an economy, it’s behaving like a rock. We’re stalled. Yet our politicians are trying to do the same thing the pilots of AF447 did to get us out of it: pull back on the yoke [subsidies & intervention] and goose the throttle [monetary and fiscal stimulus]. We’ve got inexperienced pilots at the controls, who know more about flying a plane in Keynesian theory than in Austrian reality." (06/07/11)  

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