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Friday, February 7, 2014

Krugman: Celebrate Choices That Ruin Lives, If That's What Big Government Wants

Paul Krugman’s (Health, Work, Lies) reveals he does not understand this most basic principle of economics. He seems to think that the choices people make under screwball government regulations will make them better off – as long as no one is forcing them to make these choices. Per Krugman, bad choices motivated by bad incentives are to be celebrated not sympathized!

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