Sunday, November 16, 2008

'Conspiracy Theory' Labeling Shelters The Interventionists.

'Conspiracy theory' is a simplified and derogatory label.

As economists in the classical liberalism tradition, as deductive thinkers, it is natural to use logic to explore cause and effect.

Is it a conspiracy theory to recognize that there are beneficiaries to interventionism? No, it is logical.

Is it a conspiracy theory to identify the effects caused by interventionism? No, there is a cause and there is an effect.

Belittling the search for sources of the corruptions in the economy by labeling it a 'conspiracy theory' serves only to shelter the ones who are both deliberate in their power-grabbing and ignorant that their interventionism is actually economic terrorism.

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