POLLIWOG (Tadpole): the early stage of an animal that will eventually become a frog, hoping to be kissed by a princess, turning into a prince! POLIBLOG (Political Blog): the early stage of a center-right political blog that may eventually become a full blown blog of the center-right. Join in if you find any merit in the comments. If you are on the left and disagree, feel free to straighten me out! Who knows, with effort from all of us this blog may turn into a prince!

Location: San Diego, California, United States

Tuesday, February 20, 2007

Thomas Sowell critiques "Priceless Politics"

Thomas Sowell, extraordinary economist and clarifier of conservative views, explains how free market prices, the guiding mechanism of our economy, are ignored by our welfare state, to the detriment of the poor and downtrodden who they promise to help!

The money quote:
  • "The great allure of government programs in general for many people is that these programs allow decisions to be made without having to worry about the constraints of prices, which confront people at every turn in a free market."

His column asks why San Francisco has six municipal golf courses, all losing money, while they have their share of "poor and downtrodden". Good question!



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