
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.” … “Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?” - Atlas Shrugged
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Thursday, September 08, 2011
Perry the Purist - OK so far by me....
Perhaps the most thoughtful insight into the economic philosophy of the Lone Star State chief were his comments during the debate about chastising the use of government spending to stimulate the economy. President Obama, Perry argued, “has proven for once and for all that government spending will not create one job. Keynesian policy and Keynesian theory is now done. We'll never have to have that experiment on America again.” Perry appears not to believe in government manipulation of the economic system to spur job creation and activity in the economy. While Perry does not say it outright, he de facto endorses a more Austrian approach or a pure free market approach to economics.
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