Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Tuesday, August 9, 2011

The Wisdom Of Markets


One of the hallmarks of anti-regulatory politics is that we don't need Big Gubmint looking over our shoulder and playing nanny, because the markets will sort out things like pollution and worker safety.

I've watched the markets a bit the last week.

Can we stop pretending there is ANYTHING rational about them?

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