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


We can flip the observation, applying it to the recent financial crisis.
It is easier to tell and believe narratives about dastardly evil plutocrats than about complex self-reinforcing political and economic systems. See, for example, anything by Michael Moore or "Inside Job" which may win Best Documentary at the Oscars.
Could we have a crisis and recession without any more than the usual amount of greed or stupidity? Can we say we found a flaw in the design of the system, and the system evolved politically and financially without any master plan, without any one person being to blame?
God is most people's favorite benevolent autocrat.
This metaphor (or, depressingly, it may not be a metaphor at all) extends into many areas. The AMA tells people that it's busy ensuring the high quality of American doctors, and we believe them.
This is part of the passivity underlying most people's responses to health care regulation debates. Should the identity of the payer be a private entity or the government? Should we have a single payer or user payment or privately insured payment? If you look at the debate from a value-for-money perspective, the debate is more like this: we have insanely high rents that destroy value. Should they be socialized or privatized? And how can we preserve those rents regardless of the outcome?
Why do people have irrational views about government? Why are they capable of finding every little fault in the private sector but incapable of similar scrutiny for the public sector?
I think there is such a thing as a collectivist gene. I plan to write about it one of these days.
John Goodman,
It is called envy. Statists and rent-seekers are loathe to criticize the state because it is their sole legal means of sharing in the success of the private initiative.
Is it sophmoric to question the use of "autocrats" (in the plural) since there can be only one autocrat at a time?
Or are we fragmenting our governance into little separate dominions?