We have seen the future, and it sucks.

Scott Sumner: Why I’m Not a Progressive

5th January 2018

Read it.

I am a utilitarian. Many (most?) utilitarians are progressives. So why am I not a progressive?

My view is that (at the current margin) more government spending does not solve these sorts of problems, it just ends up being wasted. Rather we should focus on boosting the efficiency of the economy.

Government and efficiency don’t live in the same universe.

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