policy prescription

5-12 Windfall Profits? Sheldon Richman! Brokaw!

On Monday, May 12, Gardner Goldsmith sallied forth into the maelstrom of politics and economics by concentrating on the recent talk that the US gubment will try to impose a “windfall profits” tax on US oil companies. Not a good idea! he and Sheldon Richman, the editor of “The Freeman” magazine, discussed the errors underlying this kind of policy prescription, and they went on to discuss how free markets solve racial divides, and why free markets are important for an increasing standard of living. Meaty stuff from these titans of the individual liberty movement.
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