Economics for the Long Run- Wall Street Journal

Česky: Oficiální portrét amerického prezidenta...

President Ronald Reagan

In this short article by Stanford Economics professor and senior fellow John Taylor it’s correctly pointed out that continuous short-term government intervention in the economy produces more bad than good, no matter the intentions, and no matter what party is in the White House. These policies have been most effectively and dramatically illustrated by Ronald Reagan, and continued with Presidents George H.W. Bush and Bill Clinton.

http://online.wsj.com/article/SB10001424052970204468004577166842399752720.html

Not mentioned in the article is that these hands-off principles originally were put forth a long time ago by 18th Century Economist Adam Smith in his seminal book An Inquiry into the Nature and Causes of the Wealth of Nations, better known as “The Wealth of Nations”.

Thanks for visiting. Comments are welcome.

Please Share this blog if you find it interesting; others may as well.

HOW TO GET MORE VIEWS!

Today’s video blog is short and sweet and suggests an excellent method for getting more video views on YouTube. This tip is for those making their own videos. If a professional service is producing your videos, like Total Broadcasting Service, ask if they can incorporate this simple step for you into your videos. In the case of our company, Total Broadcasting Service, the answer is definitely “YES”, we can do this for our customers videos.