Wednesday, August 17, 2005

To Laugh or To Weep?

A quiet few days on the Adam Smith ‘atrocities’ in respect of his legacy front. Must be the holidays. The perpetrators of offences against his actual legacy are taking a break, but no doubt they will be back in September.

In the meantime you may want to look at an amusing skit on the usual interference in markets by unnecessary regulations in Foundation for Economic Education web site:
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The piece is called “Nailing Free Enterprise” by P. Gardner Goldsmith, and, much like the classic “I, Pencil” is excellent back up material for a dull tutorial (are there any others?).

Check it out. It will either cause you to smile or weep.


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