Time for Thorns

An independent view on life.

Posts Tagged ‘regulation

Hayek in the Hill Country…

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Kevin Williamson has a first-class  take-down  on arbitrary regulation and its costs.   You should read it.

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Written by timeforthorns

June 28, 2016 at 10:03 am

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The snail economy…

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If you are not a contributor to the  Mercatus Center  at George Mason University,  you should be.   It is a non-profit,  free-market-oriented education,  research and outreach organization which bridges the gap between academic ideas and real-world problems.   Mercatus can tell you how fiscally responsible your state is,  just for starters.   The researchers deal in facts and figures  — reality,  not high theory,  demonstrated in plain English instead of academic babble-speak.

With His Oneness assuring us that tepid economic growth must be regarded as the new “normal”,  Mercatus decided to examine the problem and discover  —  ts causes.   What it found was that if government regulations had been capped in 1980,  our GDP  would be  25% larger.   Put another way,  if the economic growth lost to regulation in the U.S. were its own country,  it would be the world’s fourth largest economy.

Read the IBD article I linked to above — the charts included make it quite easy to grasp —  then show it to everyone you know who believes in big government.   It should open their eyes to the dangers of big government and the over-regulation which unfailingly accompanies it.

Written by timeforthorns

April 28, 2016 at 11:51 pm

AIG bailout bummer…

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The Congressional Oversight Panel’s new  report on the 2208 bailout of AIG  has been released.   Of course it was a disaster,   just as everybody with a brain screamed that it would be!

Yet another instance where government regulation proved nigh well useless,  and the government response was not merely wrong,  but made things worse.   I suppose it will be at least 3 years before we get a report admitting the automaker bailout was a disaster as well for the taxpayer.

Written by timeforthorns

June 12, 2010 at 9:21 am

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