More Economic Sophisms

From: Technotranscendence (neptune@mars.superlink.net)
Date: Thu Aug 08 2002 - 05:09:41 MDT


More Economic Sophisms

By Gene Callahan
[August 3, 2002]

Special-interest-group pleading often tries to hide behind supposedly
economic arguments. It is important to debunk such arguments as they
arise, so that the interest-group politics can be seen for what it is.
So, in the spirit of Bastiat's Economic Sophisms, I offer the following.

There Is a Shortage of Programmers.
Many advocates of government funding for technical education trot out
arguments like the above. "There is a shortage of programmers," they
say, "and it is hurting the U.S. economy; therefore, the government
should sponsor more training programs."

For the rest of this article, see
http://www.mises.org/fullstory.asp?control=1015



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