Monday, January 31, 2011

Recommended reading

  • Check out this graphic illustration of the folly of urban renewal, a classic example of centralized government planning. Note that one of the buildings towards the top of the last picture is the ghastly headquarters of the Department of Housing and Urban Development.
  • The New York Times details the frustrations of a businessman simply trying to brew some beer in Greece. This illustrates not only the problems with that country, but why the answer to so many of our economic problems are rooted in microeconomics rather than macro-based initiatives. 

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