Wednesday, October 30, 2002

Walter Williams' latest:
Economic Asininities

"By the way, if you disagree with me and insist that Congress and the president do have job-creation powers, then Williams has identical job creation powers. I can create lots of jobs simply by purchasing several hundred crowbars, distributing them to my George Mason University students and instructing them to go smash automobile windshields.

"Think of all the jobs that would be created at auto repair shops. But those jobs would come at the expense of other jobs, because people having to spend a couple hundred dollars getting their windshields replaced wouldn't have the same dollars to take their children to Disneyland, thereby reducing Disneyland jobs."

Friday, October 18, 2002

An excellent article that easily debunks government regulation for "the public good":
An Ominous New Era
"Pity the poor Environmental Protection Agency. Regulating industries is a slow and cumbersome process, frustrating for officials because it often fails to achieve the results they want. So the agency has come up with a new strategy, one that turns the Constitution on its head and gives unelected regulators the power of the sovereign. It's called regulation-by-litigation, and a lot of industries had better watch out."

Thursday, October 17, 2002

From A. Barton Hinkle’s column in the Richmond Times Dispatch on Tuesday - he was discussing candidates for Richmond City council:

“A write-in fourth candidate – Silver Persinger – says he would stress ‘government for the people rather than giving the keys to the city to big business.’ Perhaps he is one of those fellows who likes full employment but dislikes employers.”