Higgs: Watch the minnow, ignore the whale
April 14th, 2009 6:30 am | by Marc Gallagher | Published in Bailouts, Big Government, Economics, Free Market, government spending, Liberty, Market Regulation | 0
Robert Higgs is quickly becoming one of my favorite free market writers. In his latest he hammers home the facts about how the government manufactured the economic crisis and is seeking more and more power because of it.
How do once-free people lose their liberty? The formula may be stated succinctly: crisis and leviathan. The procedure for government officials and their supporters who hope to gain by quashing the people’s liberties is, first, cause a serious crisis, thereby heightening the public’s fears, and, second, blame others for the crisis, pose as the people’s savior, and thereby justify the seizure of new powers allegedly necessary to remedy the crisis and to prevent the recurrence of such crises in the future.
Read the entire article here to find out the meaning of the headline above.
Liberty Maven




