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Posted on 10.15.08 by R. Lee Wrights
“Treasury Secretary Henry Paulson needs to change his reading list. Instead of reading the balance sheets and income statements of the failing banking industry, he needs to read Henry Hazlitt’s classic book Economics in One Lesson. It will cost Paulson far less than the $700 billion that he is spending on the bailout, and he might just learn a little economics in the process.” (10/15/080 Link: http://mises.org/story/3142 Filed under: RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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