Politics

Explaining the Economic Consequences

Working for a Member of Congress offers staff an opportunity to do lots of reading a research. Congressman Conaway?s staff looks high and low for articles and sources that will help him make good decisions on the bills that come before him in Congress.

Below is the link to an article that appeared in the summer issue of City Journal. The article summarizes some of the most important, broadly held ideas in economics. These ideas are the closest to ?truths? that the field of economics may ever come.

As Congresses has begun spending more and more time bashing oil companies, vilifying investors, bailing out failed companies, and piling up debt, it is vital that all Americans understand the consequences of such actions. Economics can do a pretty good job of explaining consequences if we take the time to do our homework.

This article is a great primer in basic economics and why government interference in the economy is generally a bad bet. Paul Balzano- Legislative Assistant to Rep. Mike Conaway

Full post as published by Mike Conaway's Blog on July 30, 2008 (boomark / email).