sexta-feira, dezembro 24, 2004
A Christmas Carol - Versão Johan Norberg
"When three ghosts ask Mr Scrooge to give away his money to the poor, he tells them that this would only raise consumption in the short run. But if they are invested in better production and services, this will raise the living standards 15-fold in England in the 150 years to come, including the incomes of the poor. His employee Cratchit agrees, but points out that this innovation is stifled by regulations and tariffs that protect Mr Scrooge?s company from competition. These are abolished, and Cratchit starts a better company. Mr Scrooge is put out of business, but since the labour market is liberalised, he soon finds a new job. Because of stem-cell research and improvements in medical technology, a cure for Tiny Tim?s disease is soon found. The specter of communism stops haunting Europe."
posted by Miguel Noronha 8:27 da manhã
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