More Economic Ignorance

Email Print
FacebookTwitterShare

Bill: Whenever I see politicians – and other social misfits – babble their solutions to the problems their thinking has caused, I am reminded of Rothbard’s now classic observation (which ought to be emblazoned on the walls of all legislative chambers):

“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”

Burt's Gold Page

LRC Blog

Podcasts