Showing posts with label A Word to the Wise. Show all posts
Showing posts with label A Word to the Wise. Show all posts

A Word to the Wise




The most insidious result that central-planning and the overabundance of government control that it requires is not the maladjustments that it inevitably creates in the economy.  It is not the crony capitalism and bureaucratic nepotism that it always fosters.  It is not the smothering blanket of nanny-state regulations that strangle creativity.  It is not even the tendency to one-party rule even when camouflaged behind a two party system that is in reality two heads of the same bird of prey.  It is not a system which may actually contain only two parties if you believe there is the government party and the country party.