FROM PUBLIUS:
SOCIALIST REDISTRIBUTIONHe's got links to stuff about Bolivia and Venezuela - and how they're being DESTROYED by the same thing that turned RICH RHODESIA into IMPOVERISHED ZIMBABWE: redistributionism. RTWT.
Miguel Buitrago of MABB on Bolivia has a chart showing that the regions in Bolivia that receive the most and the least government spending.
Guess which ones are the richest and which ones are the poorest? Go see here. For those who claim more government spending means more wealth, that the rich are only rich at the expense of the poor, that there is only so much to go around, that the economic pie is only a matter of slicing and not expanding, that redistribution from rich to poor is the only answer, there are going to be some surprises. But for fans of Hayek and Bastiat, the classical economics about the nature of government spending and how the more government expands, the less private sector there is, it’s a full-page advertisement for the free market.
Thanks for the link, Reliapundit. It's my first visit here. Ooooh, you have a beautiful blog! Love its look and content!
ReplyDeleteWonderful Blog.
ReplyDeleteThanks for all the information and for putting up a useful site.
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