Tuesday, May 20, 2008

Order At A Bargain

This week on EconTalk Allan Meltzer poetically reminded us that
A country that won't experience a small recession will end up having a big one.
Free markets are messy things and it won't be perfect all the time. Nothing will be perfect all the time. We must remember that slowdowns and corrective recessions are the price we pay for the benifits of a dynamic and enriching society. And we're getting a damn good deal.

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