again about the Wall Street Journal op-ed page: Yesterday it ran a piece by Robert McTeer, a man who Iโm sure would be a great Federal Reserve chairman. But he endorsed, in his piece, both Keynesโs โparadox of thriftโ and Bastiatโs โparable of the broken window.โ Arenโt these lessons contradictory?
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About the Author
Ramesh Ponnuru is the editor of National Review, a columnist for the Washington Post, and a fellow at the American Enterprise Institute.
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