Having Your Pocket Picked - Daily
"There is no art which a government learns sooner than that of draining money from the pockets of the people." - Adam Smith 1723-1790 And there are those eager to facilitate that draining. Martin Wolf writes a column for the Financial Times newspaper. He is highly regarded - by those in government and academia. Larry Summers calls him "the world's preeminent financial journalist." Mohamed A. El-Erian says he is "by far the most influential economist out there." Kenneth Rogoff calls him the "premier financial and economics writer in the world." Wolf recently penned an FT editorial, " The case for a land value tax is overwhelming ." He wrote,