Obama’s Tardy Epiphany About Government’s Flaws
14th December 2013
George Will gives the Magic Negro a well-deserved spanking.
The education of Barack Obama is a protracted process as he repeatedly alights upon the obvious with a sense of original discovery. In a recent MSNBC interview, he restocked his pantry of excuses for his disappointing results, announcing that “we have these big agencies, some of which are outdated, some of which are not designed properly”.
…
Obama, of whose vast erudition we have been assured, seems unfamiliar with Mancur Olson ’s seminal “The Rise and Decline of Nations,” which explains how free societies become sclerotic. Their governments become encrusted with interest groups that preserve, like a fly in amber, an increasingly stultifying status quo. This impedes dynamism by protecting arrangements that have worked well for those powerful enough to put the arrangements in place. This blocks upward mobility for those less wired to power.
Obama, startled that components of government behave as interest groups, seems utterly unfamiliar with public choice theory. It demystifies and de-romanticizes politics by applying economic analysis — how incentives influence behavior — to government. It shows how elected officials and bureaucrats pursue personal aggrandizement as much as people do in the private sector. In the public sector’s profit motive, profit is measured by power rather than money.
December 15th, 2013 at 04:28
Will should remember that some people are ineducatable.