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July 24, 2007

"Industrial policy" redux?

James Pethokoukis observes that Hillary Clinton sounds like she wants to implement "industrial policy".

Sigh.

My suggestion: conservatives should chip in to buy Ms. Clinton and her political allies each a copy of the newest expansion pack of Civilization. It's fabulous. It would keep them busy for months at a time. And they would get what they have always wanted: a chance to run the world. And we would get what we have always wanted: that they would leave our economy alone.

Pareto improving. Win, win. What more can you ask for?

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A high percentage of 'bright' people seem prone to the idea that there are single answers to be known for relatively intractable problems, and that only by finding these answers in advance and forcing everyone to adopt them can we make any progress. The fact that many millenia of human endeavor has failed to show that this works in practice for any period of useful length is ignored. Also, these same 'bright' people have a nasty tendency to believe that anyone who disagrees with their 'answer' is ignorant, stupid, evil, or some combination of all three, and thus should be 'educated', shut up, ignored, or removed from society. It's not just a lefty thing, although it appears most on that side today, I think.

Too bad so many pay only lip service to liberty.

ROFL.

I have to remember that for my macro classes - half the macro problems in the country are caused by the urge to "do something".

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