But who listens to Bastiat or Hayek? Ten countries have taken up ‘Cash for Clunkers’ programs. In Britain, the government puts up 2000 pounds to grease the deal…with a total of 300 million earmarked for the program. In America, the ‘Cash for Clunkers’ program was extended last week…
August 17th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "policy"
Geithner Ex Machina
After all, this was “the gravest global economic crisis in a half-century,” as then-World Bank economist Joseph Stiglitz called it before today’s global crisis showed up. So you needed the best minds, from the biggest and brightest international bodies, to jet in…survey the trouble…prescribe a solution (while signing a check)…and then jet out again, back to whichever hushed corridors they had just emptied.
March 13th, 2009 | Adrian Ash | 0 comments | Continued
