An interesting editorial entitled
Where Politics Don't Belong, and in the
New York Times! An "Ayn Rand" alert brought me to an
article that begins like this:
FOR years now, many businesses and individuals in the United States have been relying on the power of government, rather than competition in the marketplace, to increase their wealth. This is politicization of the economy. It made the financial crisis much worse, and the trend is accelerating.
The author, a George Mason University professor of economics, goes on to point out that dealmaking and favoritism will lead to economic chaos and health care is about to follow the bad example set in the financial crisis.
When major economic sectors can be influenced [by favoritism and dealmaking], are we really very far from the nightmare depicted by Ayn Rand in “Atlas Shrugged”?
He falls short of the mark, though. While favoritism and dealmaking may compromise the integrity of competition, it's government intervention and regulation that hurts the most. To borrow from Sesame Street, the real answer is to what doesn't belong in health care or the economy is Government.
An interesting editorial entitled Where Politics Don't Belong, and in the New York Times! An "Ayn Rand" alert brought me to an article that begins like this:
0 comments:
Post a Comment