Monday, October 20, 2008 - We Don't Need Anyone to Run the World

John Stossel Gets It! 
Most of life works by spontaneous order. It characterizes how we choose our jobs, hobbies, associates, recreation, etc. When politicians try to regulate the process, they usually make life worse. 
But pundits have no clue about spontaneous order. Instead, they talk about who will "run America."

This faith in political solutions thrives in the face of repeated government failure. Big farm bills have raised the price of food and squeezed out small farms. Campaign finance reform made it harder to challenge incumbents. FEMA couldn't deliver water to hurricane-ravaged New Orleans as well as Wal-Mart did. Medicare has a $35 trillion unfunded liability over the next 75 years.

Yet the media and political class call for more government control.  

[Note: The TV special this article refers to "John Stossel's Politically Incorrect Guide to Politics," aired last week, and can be watched online here:]

No comments: