To: Land Shark who wrote (108435 ) 7/28/2011 11:42:55 AM From: TimF 2 Recommendations Read Replies (1) | Respond to of 224757 Consumers will cry for more and more fuel efficient vehicles as the price of oil continues to rocket. If that's true, then there is no need to mandate the higher fuel economy for new cars. If consumers will demand it they will get it. If they don't demand it than the mandate will keep consumers from getting what they want and/or force them to pay more for it, while harming the automobile companies. Why do you think you (or Obama, or Pelosi) are so much better at coordinating the economy than market forces determined by people freely making their own decisions? ---- Relevant quotes "What most people really object to when they object to a free market is that it is so hard for them to shape it to their own will. The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself." - Milton Friedman "Concentrated power is not rendered harmless by the good intentions of those who create it." – Milton Friedman "To commit the expert/boss fallacy is to think that being an expert is sufficient reason for one person to hold power over others. But possessing superior knowledge is not sufficient to justify having any power, let alone greater power than others. We can always say to the experts 'You may know better, but who made you boss?'." - Jason Brennan "People like Samuelson like to set up a perfect world and say that the market does not bring us to this point and imply that the government should do something. They stop their analysis at that point." - Ronald Coase "If you have ten thousand regulations, you destroy all respect for the law." - Winston Churchill "However beautiful the strategy, you should occasionally look at the results." -- Sir Winston Churchill "...it is far easier to concentrate power than to concentrate knowledge. That is why so much social engineering backfires and why so many despots have led their countries into disasters." - Thomas Sowell "Imagine buying cars the way we buy governments. Ten thousand people would get together and agree to vote, each for the car he preferred. Whichever car won, each of the ten thousand would have to buy it. It would not pay any of us to make any serious effort to find out which car is best; whatever I decide, my car is being picked for me by the other members of the group. Under such institutions, the quality of cars would quickly decline." - David Friedman, "The Machinery of Freedom" "If the natural tendencies of mankind are so bad that it is not safe to permit people to be free, how is it that the tendencies of these organizers are always good? Do not the legislators and their appointed agents also belong to the human race? Or do they believe that they themselves are made of a finer clay than the rest of mankind?" — Frédéric Bastiat, from "The Law"