When someone removes a cancer, what do you replace it with?
Economist Tom Sowell, in conversation with Peter Robinson of the Hoover Institution’s Uncommon Knowledge, upon being asked what would be established to replace the Federal Reserve.
When someone removes a cancer, what do you replace it with?
Economist Tom Sowell, in conversation with Peter Robinson of the Hoover Institution’s Uncommon Knowledge, upon being asked what would be established to replace the Federal Reserve.
One reply on “Thomas Sowell”
Sowell used this as an analogy for the Federal Reserve System. About forty years ago, in a letter to The Columbus Dispatch, I referred to fixing the Social Security System as like fixing a cancerous tumor.