"Stimulating" the economy, another myth uncovered
Rather strangely, of course, if I were to buy a superb colour photocopier and to start printing up copies of ten pound notes in my basement, to then "stimulate" my local economy, I would be quite rightly arrested and thrown in the public stocks for being a fraudulent criminal stealing the wealth from everyone around me. Everyone understands this. But when this private crime is done publicly, it somehow becomes good. If anyone would like to write in and tell me how my personal bid to "stimulate" the economy would be different in principle from how the government is about to start "stimulating" the economy, I shall be pleased to read it.Full post.