Lousy Question; Excellent Answer
Over the past few months, I asked several well-known economists a poorly worded question: Was there such a phenom as the “physics of economics”? Put a better way: are the economic forces now in play on a national and international scale, irreversible? Or is the Financial Cliff our unavoidable destination? Monty Pelerin and I discussed the “better” question in our recent Libertas Media Project pod cast. Now he has written this superb piece, "It's The Government, Stupid" simply and succinctly laying out the answers to my flummoxed interrogatory, painting a clear, concise picture of our future.