THE LAST DITCH

The State Causes the Poverty It Later Claims to Solve – Andreas Marquart – Mises Daily.

I don't think I have read a better account of what it has been like to live under crypto-Keynesian governments for most of my life. Do please go read the whole thing.

One response to “Does this analysis ring any bells with you?”

  1. Demetrius Avatar

    It turned up in my inbox this morning. Yes, indeed it is worth reading. The state is as much an extractive entity as private sector financial ones who try to cream the system too much.

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Tom is a retired international lawyer. He was a partner in a City of London law firm and spent almost twenty years abroad serving clients from all over the world.

Returning to London on retirement in 2011, he was dismayed to discover how much liberty had been lost in the UK while he was away.

He’s a classical liberal (libertarian, if you must) who, like his illustrious namesake, considers that

“…government even in its best state is but a necessary evil; in its worst state an intolerable one.”

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