Predictably, within days of the unmitigated disaster and massive loss of life (10,000 and counting) in Japan from the record 8.9-magnitude earthquake and tsunami, a major Keynesian economist has gone on the record in defending the “broken window fallacy” in economics by claiming that the Japanese disaster will actually boost economic growth. The economist…
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Pajamas TV has just released the excellent video, “A City Destroyed by Liberal Idealism,” which discusses the ruin of the City of Detroit as a result of “liberal” (i.e., “Progressive”) statism. And this disastrous story is repeated in major cities across the U.S. to the extent that government, urban, collectivist policies have been imposed….
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