On February 18th I posted a blog titled: "The Regression Theorem Of Intervention Shows The Origin Of Error. " In essence it shows the parallel between the regression theorem of money postulated by Ludwig von Mises and this new regression theorem of intervention.
The significance of this theorem is that interventionism can be traced backwards to its origin which means that the economic terrorists and the economic quacks and the ego-driven interventionists can be held accountable for the damages resulting from their intervention.
I suggest that we start with the ones who claim the distinction of Nobel laureate for Economics (or more truthfully the Nobel laureates for Wackonomics). Their 'prescriptions' are generally well documented and these are then very solid pieces of evidence that can be used to prosecute them for the theft and the destruction of wealth and life that afflicted millions of people as a result of their negligence or malevolence.
Let's make sure that Nobel laureates Joseph Stiglitz and Robert Solow and Paul Krugman are held accountable for their misdeeds!
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