Skip to comments.A history lesson on economic recovery from a little-known 1949 book that Washington never learned
Posted on 06/06/2014 2:35:51 PM PDT by fredericbastiat1
"One of the most appalling things about NRA was the sudden multiplication of new rules with which businesses must comply, rules not resting on settled law but on arbitrary decisions of administrative bodies, subject to change almost without notice.The business community was suddenly called upon to rush to Washington to participate in the making of codes, codes which represented bargains among different elements of the industries, bargains with labor, and bargains with an extraordinarily incapable set of Government officials and employees, many of whom were extremely radical, and few of whom knew anything about business"
(Excerpt) Read more at theblaze.com ...
Read also Parkinson’s Law
That looks like a good book to purchase before they are all burned.
The liberal way of economic growth is to increase regulations then business has to hire more people to comply with those regulations. A never ending cycle that at some point causes the world of business to collapse......................
This is the one thing I really like about Beck, he/they always find great books.
It's surprising how much this is permeated our culture —; imagine the reaction to the fedgov dropping every agency except those that are directly commissioned by the constitution (Army, Post Office, etc) or involved in a constitutional function (IRS [amd 16], DOT, Secret Service [counterfeiting-investigation]).
Regulation economy bump for later...
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