Motown Bronco
Hall of Famer
Posts: 17,810
Joined: Jul 2002
Reputation: 214
I Root For: WMU
Location: Metro Detroit
|
<a href='http://www.mises.org/blog/archives/002408.asp' target='_blank'>Jeffrey Tucker lays the smack down</a> on Pat Buchanan’s economic ignnorance.
I have encountered the same fallacy to which Buchanan falls prey among some acquaintances of mine - the belief that a successful Chinese economy is the greatest "threat" of the next century. Nothing could be further from the truth. A thriving Chinese economy would be beneficial to the rest of the world. Economics, unlike politics, is a positive-sum game. (via Jonathan Wilde)
|
|
08-28-2004 05:23 PM |
|