Wednesday, April 24, 2013

Good luck with that.................................

























Mungo is down on human nature as it relates to access to somebody else's money:

In some ways, I prefer the folks on the left.  They say they are going to use the state to run the economy, and they do that.  The phonies on the right say they favor free enterprise, but that quickly turns into a different kind of "favor."

In support, he quotes Hayek:

“There is some justification at least in the taunt that many of the pretending defenders of “free enterprise” are in fact defenders of privileges and advocates of government activity in their favor rather than opponents of all privileges. In principle the industrial protectionism and government-supported cartels and agricultural policies of the conservative groups are not different from the proposals for a more far-reaching direction of economic life sponsored by the socialists.” - F.A. Hayek, page 107,  Individualism and Economic Order

And points to this tale about my fourth favorite ex-Phillie pitcher.
















image via : cartoon via

1 comment:

  1. Tends to be the guys in the middle AND left who "favor" business with government money. I believe our current President is the biggest recipient of BP Oil money. As for business PAC dollars, the top recipients split right down the middle - 12 Democrats and 12 Republicans.

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