Wednesday, September 7, 2011

Two Ideas....

I uncovered this the other day and I think it deserves more thought. I was reminded of the US fur trade of late 18th/early 19th Century, the first American industry to collapse after receiving a gov't subsidy and regulation--until saved by John Jacob Astor and his private market management. The parallels to today are relevant and remarkable. Gov't makes incredibly stupid decisions, ones that on face value can't work, in order to advance their own social, cultural, financial, etc. agendas. Oh, I believe in their own self-anointed minds of superiority, many of the gov't officials mean well, but they ignore history. They are blinded by ideology and, often, arrogance that they are smarter than anyone.

I also want to examine Henry Steele Commager's premise that society's greatest contributors (that's not the word I want to use, but I can't think of the right one) are its critics. I have an essay he wrote about it and want to re-examine it.

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