Common Misconceptions of Economic Policy

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  • In
  • this
  • book,
  • you
  • will
  • find
  • essays
  • on
  • common
  • misconceptions
  • in
  • topics
  • such
  • as
  • taxes;
  • unemployment;
  • inflation;
  • income
  • inequality;
  • deficits
  • and
  • debt;
  • Social
  • Security;
  • welfare;
  • and
  • the
  • roles
  • that
  • market
  • forces,
  • corporations,
  • and
  • the
  • government
  • play
  • in
  • the
  • economy. I
  • do
  • my
  • best
  • to
  • write
  • about
  • economics
  • in
  • language
  • that
  • is
  • easy
  • to
  • understand
  • for
  • everyday
  • citizens
  • -
  • those
  • who
  • are
  • unfamiliar
  • with
  • or
  • uncomfortable
  • with
  • the
  • language
  • of
  • economics.
  • The
  • essays
  • in
  • this
  • book
  • have
  • been
  • written
  • with
  • such
  • a
  • reading
  • audience
  • in
  • mind.
  • My
  • hope
  • is
  • that
  • if
  • you
  • have
  • reading
  • comprehension
  • skills,
  • you
  • can
  • understand
  • what
  • I
  • am
  • trying
  • to
  • say,
  • even
  • if
  • you
  • tend
  • to
  • shy
  • away
  • from
  • the
  • subject
  • of
  • economics. I
  • am
  • not
  • using
  • this
  • book
  • as
  • a
  • platform
  • to
  • use
  • political
  • labels
  • and
  • political
  • talking
  • points
  • in
  • order
  • to
  • make
  • political
  • statements
  • based
  • on
  • a
  • predetermined
  • political
  • position.
  • My
  • agenda
  • is
  • to
  • use
  • truth
  • and
  • logic
  • in
  • order
  • to
  • debunk
  • such
  • statements.
  • People
  • will
  • find
  • that
  • the
  • conclusions
  • I
  • reach
  • tend
  • to
  • fall
  • towards
  • the
  • progressive
  • rather
  • than
  • the
  • conservative
  • end
  • of
  • what
  • the
  • political
  • spectrum
  • has
  • become
  • in
  • modern
  • times.
  • I
  • already
  • know
  • that
  • many
  • people
  • who
  • blindly
  • follow
  • conservative
  • talking
  • points
  • will
  • see
  • my
  • conclusions
  • and
  • denounce
  • what
  • I
  • have
  • to
  • say,
  • based
  • solely
  • on
  • a
  • liberal
  • label
  • that
  • they
  • attach
  • to
  • me,
  • with
  • no
  • regard
  • for
  • the
  • actual
  • points
  • I
  • make.
  • This
  • happens
  • all
  • the
  • time.
  • They
  • can’t
  • or
  • at
  • least
  • they
  • choose
  • not
  • to
  • logically
  • rebut
  • the
  • actual
  • points
  • being
  • made.
  • Instead,
  • they
  • commit
  • several
  • logical
  • fallacies
  • (Section
  • 12
  • of
  • this
  • book)
  • through
  • a
  • personal
  • attack.
  • But
  • they
  • are
  • not
  • alone.
  • On
  • those
  • occasions
  • when
  • my
  • conclusions
  • don’t
  • coincide
  • with
  • commonly-held
  • liberal
  • positions,
  • I
  • get
  • the
  • same
  • treatment
  • from
  • those
  • who
  • blindly
  • follow
  • liberal
  • talking
  • points. I
  • have
  • found
  • that
  • the
  • truth
  • does
  • not
  • lie
  • on
  • the
  • side
  • of
  • anybody’s
  • talking
  • points.
  • I
  • have
  • also
  • found
  • that
  • the
  • truth
  • cannot
  • be
  • found
  • by
  • making
  • an
  • attempt
  • to
  • balance
  • opposing
  • talking
  • points.
  • The
  • truth
  • can
  • only
  • be
  • found
  • through
  • an
  • unbiased
  • search
  • for
  • the
  • truth.
  • That
  • truth
  • is
  • rarely
  • found
  • straight
  • down
  • the
  • center.
  • I
  • have
  • concluded
  • that
  • it
  • is
  • dishonest
  • as
  • well
  • as
  • illogical
  • to
  • tailor
  • an
  • argument
  • so
  • that
  • it
  • agrees
  • with
  • the
  • left,
  • the
  • right,
  • or
  • the
  • center.
  • The
  • truth
  • is
  • what
  • it
  • is,
  • regardless
  • of
  • labels. This
  • book
  • is
  • a
  • follow-up
  • to
  • Sanity
  • and
  • Public
  • Policy:
  • Separating
  • Truth
  • from
  • Truisms,
  • by
  • Jerry Wyant.
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