Dangerous Keynesianism and Other Thoughts

If you’re paying people to dig for moneybags, you are wasting other people’s money. I say other people because there’s no way you’d be that stupid to waste your own resources. Yet that’s what a lot of people think the government should do. Can someone convince me that it’s a good idea to pay people to do things that provide little value at a high cost?

The State should not be in the employment role. When individuals are relying on the state for their livelihood, they will use the monopoly of force to their advantage. Firms who don’t have to compete for customers will make things better for themselves and a select groupĀ at the expense of everyone else. Public service workers merely exist within the political-industrial complex.

The State should not steal. They are the ones with guns who claim the legitimacy to point guns over you. Milton Friedman would advise, “Construct a constitution explicitly limiting the powers of government.” His son David would take it a step further and say, “Don’t give anyone special powers.” I’m leaning more and more towards David’s solution these days.

Our laws and regulations fail us become they don’t serve the individual customer who prefers efficiency over special interests. Profit maximizers please the people they serve. Laws should created for profits, bought by profit maximizing private security firms, and ultimately bought by an individual choosing the solution he finds most prudent. Instead, laws are chosen by politicians in their quest for reelection and power.


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