Wednesday, January 30, 2013
Politics Of Debt In America
Though I may be a libertarian (small l), I don't think debt is a good thing. In fact, it tends to hinder free markets in my opinion (I don't consider money markets "markets" in the traditional sense of the word). I came across this article about "The Politics of Debt in America" and it really struck a chord with me (even though it was in a lefty mag). It was a really well-researched/thought out article. Like I said, I tend toward the 'less-government' side of things, but let's face it: nothing about our markets at the moment are free. In a perfect world, I'd be straight up laissez-faire; but it ain't and I'm not.
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