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MacOnomics 101
Modern Conservative ^ | Steve Finefrock

Posted on 03/15/2008 7:23:29 AM PDT by connell

by Steve Finefrock


Put down that tome of economics, Senator McCain. It’s too late to absorb so much in so little time you have left to ‘understand’ economics. My suggestion starts with a mix of quotes and recommending a few conservative economic brainiacs who are effective at translating this arduous art of economics, sometimes called the dismal discipline, into hors d’ouevres, such as P.J. O’Rourke’s “Eat the Rich” and his more recent review/assessment of Adam Smith in his own lighthearted “Wealth of Nations.” P.J. most famously has observed what is one of many pithy pontifications which Mac needs to tattoo on his eyelids:

Giving money and power to government is like giving whiskey and car keys to teenage boys.


Alternating this humor with the most concise elaboration of his very elaborate lifelong thesis is Milton Friedman’s quip when a wiseass reporter [yes, it is a redundancy] attempted to trick him with a request for a simple sentence to summarize his view. Simple, said Milton, unfazed by the gauntlet thrown to his face:

There is no Free Lunch.


An entire lifetime’s economic lessons distilled into that simple phrase. A while back, before economics was a separate subject for academic investigation [once combined with politics, as political economy], Daniel Webster observed wryly:

The Constitution was made to guard the people against the dangers of good intentions.


Even democrat Daniel Patrick Moynihan knew a few...

(Excerpt) Read more at modernconservative.com ...


TOPICS: Business/Economy; Editorial; Government; Politics/Elections
KEYWORDS: 2008; economics; economy; johnmccain; mccain

1 posted on 03/15/2008 7:23:30 AM PDT by connell
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To: connell
Er...was I asleep or something?....when did McCain because cool or interesting enough to be called "Mac"?

I don't think I'm going to make it to November without gouging my eyes out with one of those little pink plastic Baskin-Robbins spoons if people are going to try and foster a "The Mac" meme on us.

2 posted on 03/15/2008 7:42:49 AM PDT by Psycho_Bunny
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To: connell

That’s a keeper.


3 posted on 03/15/2008 7:49:10 AM PDT by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: connell

Those little sayings are so good I’ve taken them and put them into a document titled “Government 101” and I’m going to spread it around the Internet. Simply brilliant.


4 posted on 03/15/2008 2:47:08 PM PDT by redpoll
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To: redpoll

Please, if you spread the article, give Mr. Finefrock credit and Modern Conservative a link. We have to support conservative new media...it’s one of the few places where we have a voice, and we should make it stronger. Thanks!


5 posted on 03/16/2008 5:50:22 AM PDT by connell (I will not cease from mental fight, nor shall my sword sleep in my hand)
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To: connell; Obadiah; Mind-numbed Robot; Zacs Mom; A.Hun; johnny7; The Spirit Of Allegiance; ...
Great article! Bookmarked.

6 posted on 03/16/2008 6:44:40 AM PDT by conservatism_IS_compassion (The Democratic Party is only a front for the political establishment in America - Big Journalism.)
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To: conservatism_IS_compassion

BTTT


7 posted on 03/16/2008 7:03:34 AM PDT by E.G.C.
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To: connell

You bet. I was thinking that as I wrote my post in the hazy afterglow of uplifted thinking. I’ll be sure to add credits when I start spamming my friends.


8 posted on 03/16/2008 10:55:48 AM PDT by redpoll
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To: conservatism_IS_compassion

Bookmarked. Ditto and thanks.


9 posted on 03/16/2008 1:05:35 PM PDT by The Spirit Of Allegiance (Public Employees: Honor Your Oaths! Defend the Constitution from Enemies--Foreign and Domestic!)
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To: conservatism_IS_compassion; connell

Thanks for the ping, c_I_c. Outstanding article, connell! Thanks very much for posting. BTTT!


10 posted on 03/16/2008 4:12:48 PM PDT by PGalt
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To: PGalt
Pleasure :-) Please keep visiting ModernConservative.com for more...
11 posted on 03/17/2008 5:37:47 AM PDT by connell (I will not cease from mental fight, nor shall my sword sleep in my hand)
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