[ExI] Belief in Market Efficiency

[painlord2k at libero.it]

Il 08/02/2009 14.20, Stathis Papaioannou ha scritto:
> 2009/2/8 painlord2k at libero.it<painlord2k at libero.it>:

> But the simplest and most attractive thing to offer the population,
> assuming they are greedy and economically ignorant, is increased
> government spending and handouts (to the rich and middle class as well
> as the poor: why limit your scope?) with reduced or nil taxation. This
> recipe is rarely offered, as politicians feel the voters will see
> through it, implying that the voters are not assumed to be completely
> selfish and short-sighted idiots. Thus, the argument that people only
> vote in favour of continuing taxation because they are selfish and
> short-sighted idiots is shown to be flawed.

This don't happen because the voters are not so stupid.

As Bastiat stated, "The government is the big scam where all people 
think to live on the shoulder of the others".

The trick is to make believe the single persons that they will receive 
more from the public treasury than it is collected from them.

Mirco