individualism for the masses!
Americans Not Keeping up with Events
8/15/2006
"Sleepy, Grumpy, Larry, Moe, Krypton -- that's what seems to stick in the national mind-set these days. Americans are more familiar with the Seven Dwarfs, the Three Stooges and Superman than with current events and world leaders, according to yet another poll that reveals our trite side. " (Washington Times, Tuesday)
It's called rational ignorance.
B.K. Marcus is an amateur political economist with no formal education in the subject. He works from Charlottesville, Virginia, as an editorial consultant for the Ludwig von Mises Institute. He is no longer a house husband, nor a faculty spouse, but he is still a dilettante, and a layabout, at least in spirit.
"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."
| Ludwig von Mises: "Entrance into the ranks of the entrepreneurs in a market society, not sabotaged by the interference of government or other agencies resorting to violence, is open to everybody." - Planning for Freedom |
If we tighten up ethics and crack down on graft and conflict of interest, the cry goes, how will we attract good people into government? The short answer, of course, is that we will indeed attract fewer crooks and grafters, but one wonders why this is something to complain about.
Murray N. Rothbard, |
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