Oct 2, 13 •
433 Views •
Economic History, Financial Markets, Government, Health Care, Labor, Macroeconomic Measurement, Regulation, Thinking Economically •
Elaine Schwartz •
“Those who disburse the money are like a saucy boy who knows his grandfather will gratify him, and overturns the sum allowed him at pleasure.” Rep. John Randolph of Virginia, 1806, referring to the executive branch (the saucy boy) and the
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