Thursday, April 16, 2015

The Intellectually Insulting Logic of Statism

In the same breath, a statist will support deficit spending to "promote economic growth", bureaucratic regulations to slow down economic growth and "save the environment", antitrust laws to "promote competition", price controls to "reduce cutthroat competition", "fiscal activism" to "boost aggregate demand", "sin taxes" to "reduce conspicuous consumption", minimum wage laws to "increase consumer purchasing power" and caps on bonuses to "prevent consumer greed", bills to "empower the consumer by increasing his number of choices" and "fight consumer anxiety by reducing his number of choices", and so on ad infinitum. In other words, he will unashamedly add intellectual insult to physical injury in pursuing the only thing that he cares about: power, that is, the negation of individual liberty.

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