Rebane's Ruminations
August 2012
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Day: August 10, 2012

  • As Marxist despots and tribal socialists from Cuba to Greece have discovered to their huge disappointment, governments can neither create wealth nor effectively redistribute it.  They can only expropriate and watch it dissipate.  George Gilder George Rebane My considered opinion is NO.  Economics nobelists Gary Becker and James Heckman argue YES in their 10aug12 piece…