BRYAN CAPLAN
May 7, 2013
Keynesian Bets: What's Out There
May 6, 2013
Keynesian Bets Bleg
May 6, 2013
The Pyramid of Macroeconomic Insight and Virtue
May 2, 2013
A Natalist Provision
May 1, 2013
I Was a Teenage Misanthrope
DAVID HENDERSON
May 5, 2013
John Thacker on Vaccinations and the Sequester
May 3, 2013
Chef Rudy's Virtues Project
May 2, 2013
My take on Reinhart and Rogoff
May 1, 2013
Medicare Kills a Program


I recently went to a meeting with a senior UK politician, and the interesting thing was that the *assumptions* were quite widely shared both by the minister and advisers; but the *feasability* of any given change was not.
Even apparently modest and straightforward policy changes (eg. allowing UK universities to charge whatever tuition fees they wanted-to) were regarded as politically impossible - almost utopian. This even applied when all that was being proposed was undoing a relatuvely recently-implemented policy (like abolishing a recently formed regulatory body).
Presuming that politicians are correct about these feasibility matters (certainly they know a great deal more about it than I do) - it seems to support the general stance of libertarians on government policy: the impossibility of rational policy, of fine-tuning policy, of restructuring to improve efficiency etc.
And the situation conflicted with the centre-left policy-wonk perspective.
My point is that - to my surprise - there were significant differences concerning policy even among people who agreed on their assumptions; and these differences related to judgements of feasability.
How will this be realized? I argue that one of the problems lies in the fact that we have journalists and newscasters moderating debates. What if we had rhetoric PhDs or philosophy PhDs moderating debates instead?
Actually they don't even have to be PhDs. Just people are are well trained in deciphering arguments (premise, conclusion, assumptions, fallacies...) and do a good job of pointing that out to the general public.
In other words, Tim, moderators with well developed crap detectors and a good understanding of numbers? How about having them moderated by accountants? (gratuitous self serving suggestion)
"How about having them moderated by accountants?"
Haha. That will be great too. Notice I didn't suggest "economists." I'll let you all recall the economist/accountant joke.
I would like to see the candidates put together their advisory team early, their experts. Then let their experts go out in the internet blogs and defend new policy and direction.
Or, as Ayn Rand used to say
Just out of curiosity (I'm tired so not thinking clearly), why wouldn't the costs fall on someone else if not paid by the user?