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Phelps has given us a clear warning of the dangers of corporatism. I hope that more people hear and heed the warning.

Arnold Kling

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Arnold Kling
Age: 70
Born: 1954
Born: January 1
Economist
Hope
Given
Corporatism
People
Heed
Dangers
Warning
Danger
Hear
Clear

More quotes by Arnold Kling

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The prescription for better health care is more freedom to innovate, not remote-control surgery from Washington.
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When the government pays, health care's lack of affordability becomes a self-fulfilling prophecy. In health care, as in other things, government is the high-cost producer.
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The gap between what one knows and what one thinks one knows may be higher in the ranks of the elite. The result is supposedly-clever government interventions, introduced with excessive confidence, leading to disastrous results.
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Constitutional provisions are not barriers to government misconduct. At best, they can be speed bumps.
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I think that the main issue with inequality is not the gap between the rich and the poor. It is the gap between the earnings of top business leaders and the salaries of academics and journalists.
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That eugenics was part of the progressive agenda is one of the most heavily-airbrushed features of history.
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I have come to believe that politicians are in the business of 'marketing' their product to the public, by exaggerating threats and over-selling government solutions.
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