On Free Lunches, and Free Markets

May 31, 2014

 

Remember that  hackneyed  Economics, Friedmanite, maxim  that goes :'there's no such thing as a free lunch'?
How could you not?


It’s cited ad nauseam in virtually all media - not least by those who have had nothing but free lunches /gratis dinners all their lives.

 

You know  of whom I speak: the kind who bail out banks  -  and then cut food -stamps,  in the name of  austerity.

Well, the times have turned the tables on that little junket of political  casuistry:
For now, today, there is a new, far more indisputable, mantra afoot, inspired by the more news-worthy exploits  of  Wall Street.
Here it is: and note it well, for the Media may not post it on prime-time.

There is No Such Thing as a Free Market.

 

 Thus do we live - and learn (leastways, some of us).


R. Kanth, Copyright ©February 2014

Tags:

Share on Facebook
Share on Twitter
Please reload

Featured Posts

What News, The Daily Show and Intel Analysis Have in Common

August 1, 2015

1/2
Please reload

Recent Posts
Please reload

Search By Tags
Please reload

Follow Us
  • Facebook Classic
  • Twitter Classic
  • Google Classic

© 2016 Nada Bakos All Rights Reserved