Thoma Sowell on Politics and Economics

“The reason that politics usually wins out over economics is that economics is limited to what is possible. A good politician can always do better than that or appear to, in the short run. In the long run, we discover inflation, shortages, unemployment, and many other consequences of political ‘benefits.’ But this only sets the stage for a new round of political solutions to our economic problems.”
— Thomas Sowell

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