[T]he superstition that the budget must be balanced at all times, once it is debunked, takes away one of the bulwarks that every society must have against expenditure out of control. . . . [O]ne of the functions of old-fashioned religion was to scare people by sometimes what might be regarded as myths into behaving in a way that long-run civilized life requires.
Thursday, August 16, 2007
Working
I've been actually (gasp!) working for the last couple of days, and I'll continue to do so for next few days (including the weekend), without even the opportunity to respond to comments on breaks. I'll try to post and comment early morning and in the evening as best I can. With all good luck, I'll be back to my usual schedule sometime in the middle of next week.
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