Sunday, October 29, 2006

Von Hayek was wrong


Scientific America: In strong and vibrant democracies, a generous social-welfare state is not a road to serfdom but rather a road to fairness, economic equality and international competitiveness.
"Colbert: Do they give a Nobel Prize for throwing your own feces?
Professor Stephen Agre (2003 Nobel Prize in Chemistry): That's the economics prize, I think . . . " -- The Colbert Report

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