So the "stimulus" package, a dagger through the heart of the economy, has passed. The geniuses who govern us, who insist that seizing the produce of the voluntary economy and devoting it to arbitrary projects will make us wealthy, have had their victory. Much of the debate turned, unfortunately, on how much "pork" was in the bill. This or that spending program was silly or an obvious waste of money, critics said. All too true, of course, but unless we’re looking to be hired by the Titanic’s Department of Deck Chair Rearrangement, we’re missing the point with arguments like this. … Continue reading The Fed’s Lead Slug Under Your Pillow