The Takeaway: It's 1936 Again in America
Got to talk with my BFFs John and Celeste at "The Takeaway" this morning. Meant I had to get up at 5 am to think about what I was going to say, but always fun to do that show. Here is the archive version....
Two thoughts on this problem:
1. One by Bruce Bartlett. I don't always agree with Bruce, but he makes some good points here. Bruce is always worth reading... (Lagniappe: Bruce B also wonders about my pal Tino Sanandaji, an interesting Iranian-Swedish grad student at UC's Harris School)
2. Another by Lawrence Reed. It was written in 1998, but it's truly prophetic, unfortunately.
Labels: financial puzzles, media, Takeaway

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Listening to you on The Takeaway, I thought of Jude Wanniski and the Taxes and the Two Santa Theory. Then I found where Bartlett had reproduced that entire essay from 1976 on the same site you linked to.
http://capitalgainsandgames.com/blog/bruce-bartlett/1701/jude-wanniski-taxes-and-two-santa-theory
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