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Suggest an Entry under this Topic | | Reference |
| TANSTAAFL, The Jargon File |
| Articles |
| Economics 101, by Walter E. Williams, 7 Jun 2000 |
The Perils of Economic Ignorance, by Ron Paul, Ron Paul's Texas Straight Talk, 27 Mar 2006
"How did we get to such a state? ... The truth is that many politicians and voters essentially believe in a free lunch. They believe in a free lunch because they don't understand basic economics, and therefore assume government can spend us into prosperity. This is the fallacy that pervades American politics today." |
| There's No Free Lunch, by Walter E. Williams, 3 Oct 2001 |
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An Unstimulating Idea, by Sheldon Richman, 25 Jan 2008
Related Topics: Government, The Free Market
Examines the economic "stimulus" proposals being made by candidates and incumbent politicians
"If the government uses fiscal means to goose the economy, the money has to come from somewhere. There is no free lunch. The president and the top-tier candidates do not propose to cut spending -- quite the contrary. So, since the budget is already in deficit, any tax 'rebates' and new government spending will have to come from borrowing." |
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