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Tuesday, May 22, 2012

The New York Times and the End of Simple Economic Logic by William L. Anderson

Frederic Bastiat wrote of what is "seen" and "what is not seen," and it is clear that the editors of the NYT are unable even to imagine what is not seen; they see only the people working for politically-favored companies. As for people who have lost their jobs because the government is forcing resources to be directed away from where consumers want them to go, the editors simply look the other way or simply are ignorant.

Posted via email from iPT Perpetual Traveler

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