ECONOMICS “IS HOW ECONOMICS SHOULD BE DONE” But then, assuming the state will co

http://www.adamsmith.org/blog/economics/aggregated-confusionAUSTRIAN ECONOMICS “IS HOW ECONOMICS SHOULD BE DONE”

But then, assuming the state will continue to pursue opportunities to increase taxes and decrease unemployment, the austrian approach would put the state in the position of trying to affect change via industrial policy. Meaning, being in bed with industries and unions.

Maybe that isn’t all bad. It’s certainly better than being in bed with the financial sector.

But then the state will always be in bed with someone.

It needs someone to F***.

(Apologies if light guttural humor is over the top. It was just THERE and I had to take it.)