Economic Definitions

Apr 10, 2008

Economic Definitions

Greg Mankiw's Blog: Pithy Political Economy (Via the Adam Smith Institute)

"Need" now means wanting someone else's money. "Greed" means wanting to keep your own. "Compassion" is when a politician arranges the transfer. (Joseph Sobran)

Posted at 09:31 AM in Economics, Humor, Public Policy | Permalink

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