Thursday, January 19, 2012

Recommended reading

  • Curious to see examples of government throwing sand in the gears of the country's economy? See here, here, here and here.
  • Der Spiegel has an update on solar power on Germany. First sentence: "The costs of subsidizing solar electricity have exceeded the 100-billion-euro mark..." But remember, solar power is the future! Previous blogging on German adventures in solar power here.
  • It seems that deficit forecasting can be added to the lengthy list of things that government is not very good at.
  • Now that wikipedia is back up, check out these lesser-known episodes of disaster socialism: Burma's "way to socialism" and an explanation of how socialism produced Ethiopia's famine of the mid-1980s (note the famine relief tax, a fixed priced for grain and the outlawing of grain wholesaling).

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