proutdoors
Lobbyist
Posts : 1069
Join date : 2010-05-29
Age : 57
Location : Gunnison Valley
 | | Subject: The Mobility Gap: What Does It Mean? Sun Jan 08, 2012 3:50 pm | |
| http://www.thefreemanonline.org/columns/tgif/the-mobility-gap-what-does-it-mean/ - Quote :
- Those who advocate the freeing of markets have no reason to receive the news of the gap defensively. If we are right about the breadth and depth of bureaucratic interference with the peaceful, creative activities of individuals, as well as the extent of government privileges for the well-connected – and we are – then drags on mobility are at least partly the consequence of that interference. In other words, the mobility gap can’t be the result of the free market because there isn’t one. The economy is systematically misshapen by intervention.
Blaming capitalism for the unemployment rate, and for the wage gap is like blaming Mother Nature for smog! - Quote :
- When I think “limits to mobility,” two phrases immediately occur to me: minimum wage and public schooling. If you wanted to impede upward mobility, there could hardly be better ways than to scuttle job creation for the unskilled and to give poor people a bureaucratically produced “education.” Those are not features of the free market.
A-FREAKING-MEN! The minimum wage hurts the poor and minorities. Public schools further hinder the poor and minorities, INTENTIONALLY! - Quote :
- In reality the debate [between America and Europe] is not between socialism and free enterprise. Rather it’s between two forms of corporatism, America-style and European-style. I don’t want either, but it’s not obvious to me a priori that the American variant is superior in every respect to the European variant. . . . One variant may indeed cushion the victims of political privilege-granting better than others. Considering who writes the rules over here, I see no grounds for thinking that we necessarily have it better than the Germans do in every possible way.
Touche. | |
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