Saturday, April 21, 2012
Thomas Sowell on Central Planning
".....in political rhetoric is the government's suppression of other people's plans by superimposing on them a collective plan, created by third parties, armed with the power of government and exempted from paying the costs that these collective plans impose on others."......Yeah, I think that that (especially as it pertains to such destructive policies as eminent domain, zoning laws, building restrictions, etc. - all of which have disproportionately harmed the poor and working-class folks) just about sums it up, folks.
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2 comments:
Will, Sowell's remarks are not just limited to the specific examples cited by you.
Absolutely not. I do underscore the building restrictions case, though, in that that probably did more to keep working class people poor (especially in places like California) than any other policy out there; the fact that it continuously kept housing scarce and drove up the cost markedly.
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