Sunday, May 24, 2009

Government Fundamentalists

What should we call people who seem to regard government as the solution regardless of the evidence? I propose the term "government fundamentalists." How would you identify a government fundamentalist? One characteristic would be a tendency, after the person points out market failures, to argue for government intervention as the solution. Rarely does anyone who proposes a government solution spell out how the incentives will be set up so that the government will actually solve the problem. Even many economists who are strongly committed to free markets will agree that economic freedom can underprovide defense from foreign attackers because of the notorious free-rider problem: Those who refuse to pay will get the same defense as those who pay, giving all an incentive not to pay. [link]
Great piece. 

Of course this applies to people who advocate bigger Government for ideological reasons, regardless of whether benefits directly accrue to them. Then there are the parasites. Oh, and the haters. They also like the Government, for different reasons. 

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