Sunday, January 11, 2009

Meet the new boss...

Greg Mankiw has a good article in today's New York Times.

This part reminded me of Joseph Mises's comments about the Bush administration and 9/11:

Rahm Emanuel, the incoming White House chief of staff, has said, “You don’t ever want to let a crisis go to waste: it’s an opportunity to do important things that you would otherwise avoid.”

What he has in mind is not entirely clear. One possibility is that he wants to use a temporary crisis as a pretense for engineering a permanent increase in the size and scope of the government. Believers in limited government have reason to be wary.
Isn't change great?

1 comment:

Joseph Mises said...

Appreciate the reference.

Mankiw is what I like to call, an honest speaker of truth. He's like, we know what we're doing, and we're doing it anyway.