Economic Lessons from the Tao Te Ching: The Recession Diaries - November 16th

The sage does no-thing, but leaves no-thing undone.’
So wrote Lao Tsu in what is now a major religious text. There may be something in this when it comes to fiscal policy.
There are, broadly speaking, three things a Government can do when the recessionary fires break out in the house.
It can do nothing and wait [...]




