Friday, December 24, 2010

Is regulation really for sale?

The answer is obvious and implies a change in both the attitude toward government regulation and adtion to effect that changed attitude. Unfortunately, as Hayek and later Sowell point out, the intelligensia either ignore the answer to this question (difficult to do, but still within their considerable hubris) or respond that the answer is more regulation.

One can hope that continued evidence of the unintended and perverse consequences of state action - regulation or otherwise - will lead to constructive steps toward reduced government action.

Freedom Watch hosted 3 Reason thinkers and Nick Gillspie argued that looking forward there was little propect of reducing existing state presence. His advice, work to maintain and strength liberty and freedom in the spheres in which it continues to exist.

Sound advice in my view.

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