Government intervention

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Politics, religion, psychology, economics. In other words: how the human world works and why it works as it does is what fascinates me. Sometimes I post about such ideas here. Often I expand on such ideas to suggest how I think the world should work and why I think so. Sometimes, however, I just post pretty, shiny content I've found while sifting through the internet. Ask me anything Submit

November 19, 2011

The questions I ask when the idea that government should do more things comes up are “Do I trust the government?”, “Am I still likely to be able to trust the government in the future?” and, most importantly, “Will the government intervention be better than it not intervening?”. Where the benefits of government intervention are not clear and large, it is likely that the risk of government intervention is too high due to the costs that such intervention is likely to have, both intended and unintended (unintended effects are a significant problem for a government lacking perfect knowledge).

Relevant:

http://mungowitzend.blogspot.com/2011/11/test-your-economics-knowledge.html

http://www.smbc-comics.com/index.php?db=comics&id=2434&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+smbc-comics%2FPvLb+%28Saturday+Morning+Breakfast+Cereal+%28updated+daily%29%29

http://elmoiscariot.blogspot.com/2011/11/libertarian-metaphor-government-is-like.html