Friday, December 11, 2015

A Very Simple Affirmative Action Proposal

A Very Simple Affirmative Action Proposal: "This is straight from the cartoon version of The Road to Serfdom. The government creates stupid economic incentives; private actors respond to those stupid incentives by making choices other than the ones their feckless rulers intended; the politicians declare this “unpatriotic,” and insist that their big ideas would work just fine if not for these scheming economic traitors and their connections to inscrutable foreigners; in the final act, state violence is directed against those who make economic choices other than the ones that politicians demand, either in the name of patriotism or in the name of national security.

There is one obvious alternative — stop creating boneheaded economic incentives through boneheaded economic policy — but that never seems to occur to anybody. Certainly not to Robert Reich, whose glee about the prospects of using the power of government to punish nonconformist businessmen is unseemly and illiberal."

'via Blog this'

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