Category Archives: Political Commentary

The Nanny State

Yet another problem with it.

The problem with nanny state governance isn’t just that it’s intrusive. It isn’t just that it stifles business with over-regulation, and it isn’t just that it empowers busybodies and costs money. It’s that it distracts government from the really big jobs that it ought to be doing.

Mayor Bloomberg has done an admirable job under great pressure as the city reels from Sandy’s attack. But an ounce of prevention beats a pound of cure. The city needed flood protection for its subways and electricity grid—and it didn’t get it. If the Mayor had spent less time and less of his political capital focusing on minutiae, this storm could have played out very differently.

And the problem with big federal government is that it spends too many resources that aren’t its business, and it resultingly neglects the things that are.

Il Duce

Redux:

Whoever made it, the Mussolini/Fascist/dictator vibe is undeniable. And even if you were entirely unfamiliar with the famous Mussolini scowl replicated in the 2012 campaign sign, why would any Democrat voter find this particular Obama portrait appealing or impressive? It reeks of Big Brother-ish totalitarianism all on its own, even without an historical precedent. Why depict your lovable candidate as a menacing, frowning tyrant?

Could this be the progressives’ secret love of totalitarianism peeking through once again? Many have already demonstrated the progressive/totalitarian connection. In fact, our own Ed Driscoll previously noted back in the 2008 campaign some extremely disturbing graphic parallels between Obama campaign/cult posters and those of earlier, uh, shall we say movements.

If you are a progressive reading this, you likely imagine yourself the polar opposite of the Fascists, but I ask you to stop and ponder a moment how you, your belief system and your behavior are viewed by others. When we see people demanding greater government power and expressing unquestioned devotion to a charismatic leader, we think “incipient totalitarianism.” You only exacerbate that impression by imitating the very design philosophy of previous totalitarian movements.

Are you sure you’re on the right side of history?

It’s an old theme, from when we first were exposed to The One, but some things haven’t changed in four years, except that more people are seeing it, finally.

Economic Fallacies Of Disasters

As is always the case, the economically ignorant trot out the broken window fallacy. And you can bet that there will also be idiotic complaints about “price gouging” in the coming days. I dealt with that one years ago.

[Update a while later]

Amazingly, Matt Yglesias gets it:

…more price gouging would greatly improve inventory management. There is a large class of goods—flashlights, snow shovels, sand bags—for which demand is highly irregular. Maintaining large inventories of these items is, on most days, a costly misuse of storage space. If retailers can earn windfall profits when demand for them spikes, that creates a situation in which it makes financial sense to keep them on hand. Trying to curtail price gouging does the reverse.

None of which is to say that people should be greedy all the time. Disasters really are times when people pull together and we see large and small acts of kindness that rightly inspire us. But consider that declining to raise prices in the face of spiking demand and inelastic supply is a very odd form of charity: It doesn’t create any new resources, just allocates them arbitrarily to whoever shows up first. If you feel bad about the idea of earning windfall profits off the misfortunes of others, then donate the money to charity. If that seems too impersonal, give your employees a bonus for showing up under difficult circumstances. But storm or no storm, the best practice is to try to set prices that balance supply with demand. State governments shouldn’t be trying to stop you.

Amen.