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Guns and (I Can’t Believe It’s Not) Butter
The guns vs. butter concept is among the oldest macro-econ models ever conjured. At its most basic, the guns vs. butter model suggests that the more of your resources you put into non-productive activities (guns), the less you available for productive activities (butter). And, frankly, that’s just common sense, isn’t it? Continue reading →
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Posted in Harry Tuttle, Political Economics, Preparedness & Self-Sufficiency, Social & Political Commentary
Tagged bailouts, butter, defense spending, deficits, fabio, guns, I can't believe it's not butter, marauding hordes, non-productive, productive, resources, social spending, taxes