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Pareto-improving? You're so 19th century... Old school. Embrace Kaldor-Hicks! Bush's economic policy has resulted in a Kaldor-Hicks improvement because the wealthy, the corporate welfare queens and Halliburton could in principle make it up to the rest of Americans if they so chose. Aren't economists clever?

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Fri Nov 11th, 2005 at 10:42:24 AM EST
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Yes, I know.  It's sort of like the Supply-Siders, who failed to "bring back the magic," as Paul Krugman put it, and then claimed that they, in fact, had.  Or, as the Wizard said, "Pay no attention to that man behind the curtain."

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Fri Nov 11th, 2005 at 10:46:15 AM EST
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