The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic classes — saving. — Mark Thornton Copy Share Image
The new puritans have been highly successful. All of the preconditions for new prohibitions on alcohol and tobacco are in place. ... Indeed, the… — Mark Thornton Copy Share Image
Government can screw up just about everything. Given enough power and time it will screw up everything. — Mark Thornton Copy Share Image
The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic… — Mark Thornton Copy Share Image
