why is Arnold writing his own puns?Arnold to California - it's time to terminate taxes: I have often said that the two people who have most profoundly impacted my thinking on economics are Milton Friedman and Adam Smith. At Christmas I sometimes annoy some of my more liberal Hollywood friends by sending them a gift of Mr. Friedman's classic economic primer, "Free to Choose." What I learned from Messrs. Friedman and Smith is a lesson that every political leader should never forget: that when the heavy fist of government becomes too overbearing and intrusive, it stifles the unlimited wealth creation process of a free people operating under a free enterprise system.Is this the same Adam Smith that says manual labor greatly undermines the ability of the working class to reason, and is thus in favor of a state run free system of education to all adults? Or is it the same Adam Smith who's in favor of providing free dress shirts to all workers? Sounds just like current day California to me! |
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