The Magic, Fairy Dust Naivete That Is Progressive Economics
This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Welfare Reform (CCWR) Peter Ferrara was published June 16, 2013 on Forbes.com.
Let’s proclaim the Good News: Government money is free. No, not just to the beneficiaries of government programs. To society as a whole. Meaning there is no economic cost to government spending whatsoever. The more the government spends, the richer we will all be. Let the Good Times roll.
That is the foundational principle of Keynesian economics, which is heart and soul “Progressivism.” Every Paul Krugman column can just […]

