Mises Daily
Author:
John P. Cochran
Online Publish Date:
thoroughly exposes the underlying weaknesses and fallacies of the whole Keynesian policy-activism agenda driven by the “animal spirits,” the irresistible urge to to — Fed and fiscal mis-direction of production, regulatory burdens, and misguided policies that distort incentives. In the winter 2014–2105 issue of Regulation , most relevant here and one that should be more broadly understood is “Pillar #10: “competition is a hardy weed, not a delicate flower.” Boettke makes a similar point