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September 13, 2005

Humorous Economics post of the day

Bryan Caplan from: The Cynic's Argument for Gas Tax Cuts

In an energy crisis, politicians propose all kinds of crazy policies: anti-gouging enforcement, price controls, rationing, you name it. It's a beautiful illustration of what Yes, Minister calls "Politicians' Logic": "Something must be done, this is something, therefore we must do it."

Posted by jb at September 13, 2005 07:34 AM

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