30 years ago in reason


"Even those sympathetic to Allende's regime admit that Chile's socialist economy was a crashing disaster; those who deplore Pinochet's rule must concede that the substantially capitalist economy is working, and working well."

'"Claudia Rosett, "Chile's Economic Revolution"

"By favoring business expansions over the start of new enterprises, the tax system promotes venture inequality before the law. Large, often-stagnated firms are thus shielded from entrepreneurial challenges, which can hardly be helping the economy or the US world trade position."

'"D.G. Soergel, "High-Tech Freeze-Out"

"The fact that we could trim the federal establishment doesn't mean for a moment that we will'"even under the administration of a president who is as tight-fisted and has as much experience with low-budget productions as any who is likely to come to the White House. In the end, the money is always restored. The bureaucracy gets its way." 

'" James Dale Davidson, "Hung Up For a Day"

'"April 1982