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Source link: http://archive.mises.org/7769/simple-government-should-completely-control-supply-and-demand/

Simple: Government should completely control supply and demand

February 13, 2008 by

The NYT offers a solution to the drug problem in the U.S. but it is out of fantasy land: “The federal government needs to do more to slow the flow of money and guns that finance and arm the cartels in Mexico and Central America. There is little hope of ever defeating the traffickers abroad if the government isn’t doing enough to reduce demand at home.”

Now that is punditry as if reality doesn’t matter at all.

It brings to mind a thought by Benjamin Tucker: “Some people don’t know why the thousands of officeholders who are pulling away at the public teats are getting fat while the people are getting poorer…. It is very unfortunate that such people are entrusted with the editing of newspapers.”

{ 3 comments }

Steve Hogan February 13, 2008 at 5:49 pm

Has there ever been a big government program that the NYT didn’t endorse? They’re shills for the state, and there’s nothing that grows the state more effectively than a war.

Wage a 35 year drug war? They love it. Throw pot smokers in jail with hardened criminals? It’s for their own good. Innocents get mowed down in inner city turf wars? The NYT editorial board thinks it’s worth the price.

We’ve destroyed the country of Colombia over drug prohibition, corrupted police forces nationwide, and created a prison-industrial complex that benefits at our expense by perpetuating this insane drug war.

One has to be morally blind and economically ignorant not to recognize this war for what it is: a government failure of monumental proportions.

Henry Miller February 13, 2008 at 6:14 pm

It isn’t that the NY Times loves the state, so long as they love easy money. They get paid by reporting news. When there is a war more people buy news papers to check on the progress of the war. When there is a government program, they can send a reporter in to check on the progress. When there is government corruption they can send someone in to do a story on it.

With a small government they have to work harder for their stories (nothing is providing easy stories), and get less readership.

Take WalMart for example. They love to make a story about how evil WalMart is. However if people agree they just don’t go to WalMart, and the story dies (either because people don’t care/disagree and just go to WalMart anyway, or they agree and boycot WalMart and WalMart goes bankrupt). When it is the government you are forced to use the government anyway, and it can take years of easy stories to clean things up (and while reporting on the one problem they can promot more government assuring more corruption to report on when the current mess is cleaned up)

Of course they will never do a story on how this happens.

V February 14, 2008 at 6:18 pm

Controlling supply and demand, eh? I think the world your looking for is “communism”.

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