Kevin Rudd, Meet Steve Horwitz

The Australian Prime Minister could learn a lot from Horwitz, who answers the former’s shibboleths with cold, hard facts.

I continue to chuckle over the contention that we have or had some kind of ultra-free market that caused us to fall into a recession. I guess that Kevin Rudd is yet another person who seems to think that there is just one page of rules and regulations in the Federal Register and has forgotten about the other 69,427. Just how many pages of rules and regulations are needed before people like Rudd think to themselves “gee, maybe the Americans have quite a lot of regulations on the books and people like me are beclowning ourselves in claiming otherwise”?