Mises Daily
Author:
George Reisman
Online Publish Date:
the article provides insight into Obama’s thinking on economics and the economic policies he would be likely to pursue if he were elected President. The subject of fellow wage earners increase the demand for capital goods and the rate of business innovation and thus bring about improvements in the quantity and quality of the “rich.” But there is absolutely no reason to advocate such a downright fascistic policy. (As I’ve shown, just such a policy has been pursued in Sweden, the model