Thursday, November 21, 2013

free association


Michael Leddy, after a bad storm:

The weather is not destructive or unforgiving or violent. It doesn’t care about us. It just is.


Me, summing inflation-adjusted deficits:

The economy works the way it works without regard to our preferences. The economy doesn't give a damn what we want to be true.


America's Adam Smith, in The Roaring 80s:

... in the Great Depression, economists wrote about unemployment as if it were a bad hailstorm; then the Keynesian revolution gave some hope that nations could do something about the 'economic blizzards' that had previously been considered as random as the weather.

1 comment:

Jazzbumpa said...

My take on Leddy:
Weather is not a morality play.

My take on you:
The economy is not a morality pley.

My take on Smith:
We don't have to be passive in the face of a storm.

My editorial:
And to be passive when either the weather or the economy do damage to innocent victims IS immoral.

Cheers!
JzB