FREDERIC BASTIAT ON THE DIFFERENCE BETWEEN A GOOD AND A BAD ECONOMIST

This is well worth a read and really describes well what is going on in our country culturally and politically. If commenting please do so on the author’s site.

Citizen Tom

Mankind's Eternal Dilemma: The Choice Between Virtue and Vice by Frans Francken the Younger depicts three choices: heaven, earth, and hell (from here) Mankind’s Eternal Dilemma: The Choice Between Virtue and Vice by Frans Francken the Younger depicts three choices: heaven, earth, and hell (from here)

The American news media has a good business model. Suffering, sex, violence, and so forth attracts viewers, but is the news media’s business model good for us? When they show us suffering, what is the first thought of the news media and its too often mindless admirers? It is a crisis! The government has to do something!

Why the government? Well, it makes for a good story. The reporters can point their cameras at somebody and tell us what he is doing or not doing.

Is our government always supposed to do something? Why? When there is a problem, how far ahead does the news media look? Doesn’t the news media always gravitate to the next crisis? Do they actually give much thought to anything?

Consider

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