Monday, March 24, 2008

Free Markets In Good Times, Big Government In Bad Times

Larry Elliott in the Guardian writes thatEvery parent with a stroppy teenager knows the feeling. After relentless pressure, mum or dad gives in to demands that they drop the oppressive rules that govern the home and, with reluctance, allow their progeny to do their own thing. The last words the teenager hears as they slam the door and head off for a life of freedom is: "Be it on your own head. Don’t come running to me when it ends in tears."But, inevit[...]

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[Source: The Money Blogs]

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