Robert Kuttner on Laissez-faire

“When laissez-faire creates instability, the move to a freer market can be something less than pure gain.”

“Political conservatives have focused on tax reduction as an economic growth strategy for three reasons. First it is self-serving; it saves rich people lots of money. Second, it comports with their ideological allegiance to laissez-faire economics. And third, tax incentives are less intrusive to business-as-usual than any other form of government planning.”