William Anderson on the laws of economics to Progressives

Like Franklin Roosevelt, who proclaimed that the laws of economics were nothing more than creations of human beings and could be changed by creating something akin to the "Socialist Man," Progressives really do believe that they can manipulate an economy by printing money or by borrowing or by raising taxes on wealthy people, and there will be no adverse economic effects. As Krugman likes to claim in his NYT columns and blog posts, massive borrowing is no problem because "we owe it to ourselves."

~ William Anderson, "Understanding the Progressive Mind," LewRockwell.com, December 27, 2012