Derald Hafner is an economics buff.
Apart from his membership in a "natural economic law" group and his desire to dismantle the Federal Reserve, the candidate for the Democratic nomination in the 13th Congressional District also wrote an econ-heavy letter to the Durham Herald-Sun.
The letter, which ran on Sept. 15, 2003, references 18th century French economics theorist Jean-Baptiste Say in response to a column about free trade:
Another point Williams muddles through is the issue of producers and consumers. Say's Law of the Markets logically indicates we want our producers to be well paid for their products. Then the producer will be able to consume the same products. Cheap products mean cheap labor. Read third world labor.
Dome will get back to you once we figure out what he's talking about.
The full text of the letter after the jump.
