Tuesday, February 26, 2013

"Pailout" against "Bailout"

In 2009, a group from the Hickory 9-12 Project in Newton, NC attempted to "stimulate" the water level in a pond by applying Keynesian economics. They drew buckets of water, carried them to another part of the pond, and poured them back in. The results, seen in this video, were entirely predictable. With Loren Spivack, "The Free Market Warrior."

Michael Isenberg is the author of Full Asylum, a novel about politics, freedom, and hospital gowns. Check it out on Amazon.com

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