Attention DC D. McCloskey…

August 21, 2012 § 1 Comment

“For instance, libertarian economics requires that instead of proactively regulating corporate activity that might hurt people, consumers punish a company reactively after it has done something wrong, and after consumers notice that said company has done so. But if companies and consumers are doing something wrong that nobody really notices until it’s far, far too late to do anything about, that’s a real fly in the ointment. I apologize for that. It’s quite inconvenient to you, I know.”


§ One Response to Attention DC D. McCloskey…

  • Anonymous says:

    I always feel so much better when governments proactively punish companies they don’t like, or that don’t toe the party line, and reward companies run by their cronies with taxpayer money that gets funneled right to back them in form of campaign contributions. That is such a superior model– the utopia of fascists.


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