The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. – F.A. Hayek
Posted in Entrepreneurs, Government Gone Wild on May 11th, 2012
Grading’s got me tied up, and Coyote’s on a roll. Here is his retelling of the now (in)famous life of Julia. Do read the whole thing. And someone please try to defend the “opposing position” if you can even characterize it as such. I am all ears. By the time Julia called it quits, she [...]
Posted in Government Gone Wild on May 8th, 2012
Do Paul Krugman and his friends of the left really want to go back to the 1950s in terms of government policy? If they truly believe that, then I look forward to their endorsement of returning to the left hand side of every one of the charts from this report. Here is one illustration of [...]
Posted in Extended Order, Government Gone Wild, Institutions, Unintended Consequences on May 7th, 2012
Can a good thing be turned into a bad thing. It appears that Americans are responding to the taxes, exhortations, health risks and other anti-smoking efforts and have actually been reducing their smoking at rates faster than experts initially calculated. So what’s the problem? Some of you are old enough to remember the tobacco boondoggle [...]
Posted in Central Planning, Government Gone Wild, Government Thuggery on May 1st, 2012
On this much celebrated day around the world, I repost my mourning for the hundreds of millions that have been brutally tortured, maimed, and murdered in the name of “the social good” and “brotherhood.” Shame on them. In the language of my postmodern critics – this certainly too was a social construction in the most [...]
Posted in Government Gone Wild on Apr 27th, 2012
By the way, the Republicans do this too. I’ll post the next one that readers send to me. Via Coyote: The Perfect Example of Politics over Policy April 27, 2012, 10:08 am I don’t think you could find any better example of paying off one’s political constituents at the cost of out groups than this: Congressional [...]
Posted in Government Gone Wild on Apr 22nd, 2012
The President recently did this: In preparing a list for MasterResource of federal energy policy reforms to free Alaska, and thus bolster America’s economy, I came across an Executive Order (E.O.) signed by the President last month with little or no fanfare. His new authority empowers him, in certain circumstances, to assume control over the energy [...]
Posted in Government Gone Wild, ethical foundations on Apr 18th, 2012
Courtesy of my good friend John B.: Who Gets the Blame for the GSA Scandal? Jonathan Horn · 5 hours ago In The Washington Post, columnist Dana Milbank looks at the culture that inspired officials at the General Services Administration to spend taxpayer dollars on extravagant conferences. Milbank asks: Who is to blame? The answer is [...]
Posted in Government Gone Wild, You Can't Have it Both Ways on Apr 4th, 2012
Among the great mysteries of the universe is that I have often found myself in conversations with folks who find that some of the things governments do to be utterly tyrannical. And I’ve been in conversations with folks are utterly outraged that governments and big business are doing the Tiger Woods / waitress thingy. Yet, [...]
Posted in Classical Liberalism, Government Gone Wild, Religion on Apr 4th, 2012
Article 1 Section 8 of the Constitution gets a lot of attention in debates today, and rightly so. It lays out specifically the things that Congress has the power to do (such as levy taxes). Much of the modern controversy over what government can and cannot do devolves into a food fight about what Article [...]
Posted in Government Gone Wild, You Can't Have it Both Ways on Apr 1st, 2012
If you have not read Steve Greenhut’s book on America’s public employee crisis, called Plunder!, this is the sort of thing that would be in store for you for a few hundred pages: What does it look like when a city of almost 300,000 flirts with becoming America’s largest ever city to go bankrupt? Welcome [...]
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