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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (366102)5/26/2010 10:00:43 PM
From: TimF2 Recommendations  Read Replies (1) | Respond to of 793896
 
More Matt Ridley
Arnold Kling

From The Rational Optimist, p. 182:
Empires, indeed governments generally, tend to be good things at first and bad things the longer they last. First they improve society's ability to flourish by providing central services and removing impediments to trade and specialisation; thus, even Genghis Khan's Pax Mongolica lubricated Asia's overland trade by exterminating brigands along the Silk Road...But...governments gradually employ more and more ambitious elites who capture a greater and greater share of the society's income by interfering more and more in people's lives as they give themselves more and more rules to enforce, until they kill the goose that lays the golden eggs. There is a lesson for today.

For me, those sentences are the crux of his book--Matt Ridley standing on one foot as it were. Basically anything that expands trade is good. Anything that moves in the direction of self-sufficiency is bad. Governments, like all monopolies, eventually stagnate and impede progress.

Once again, the implication is that our current elites are 180 degrees wrong. They are promoting precisely the sort of top-down organization of society that in the past has stifled trade and impeded progress. How to turn this around? One approach is to try to re-educate the elites (call this the Liberaltarian project). One approach is to try to overthrow them (call this the Tea Party project). A third approach is to try to escape them...

econlog.econlib.org

fundamentalist writes:

The assumption seems to be that the elites are separate from the majority, out of touch and rogue. I disagree. I think they reflect the will of the majority. It would be nice to think that the problem is merely a rogue group of elites. It could be solved by replacing or educating them. But if the real problem lies with the people who elect the elites, we have a much bigger problem that will be much more difficult to solve...

econlog.econlib.org

Isegoria writes:

Ridley is making the same point Ibn Khaldun made seven centuries ago.

econlog.econlib.org