"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Sweatshops, Bastiat, and (Potential) Misapplications of Economic Theory
Submitted by Westernerd on Thu, 2012-08-23 03:00
"libertarians, while very interested in economic theory, need to pay closer attention to political economy, history, and institutional analysis to make sure that they are applying theory where it appropriate to do so."
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