2013-05-21

The Folly Of Planned Economic Activity

I'll put this article about "key officials" trying to set up a market for medicinal marijuana in the 'what can go wrong?' department.

If there's one thing I've learned is that you can rest assured that interventionism simply skews the market.

You can't 'plan' an economy. That would suggest it's a top-bottom organism. It's not. An economy is an organic, self-regulating and enterprising entity that grows from the bottom (ie free people).

But there they, progressives (or whatever you want to call them, I prefer the term regressives) pounding their heads against the walls and fists on their desks sticking to a failed game plan.

"Key officials helping to create Washington state's potentially lucrative recreational pot market say its success may hinge on preventing consumers from choosing to get high on readily available medical cannabis because of low and sometimes nonexistent taxes on it."

Ouch. Yeesh. Yikes. Whatda. 

Know what this is? It's called inflating a market, creating possibly superficial monopolies, making it vulnerable to cronyism and disrupting the free-market system. 

Regulating medicinal marijuana, subsidized daycare - whatever - they usually end up in a state of anarchy. Ironic given the state's fear of anarchy but that's what we have on our hands: Financial anarchy.

No comments:

Post a Comment

Mysterious and anonymous comments as well as those laced with cyanide and ad hominen attacks will be deleted. Thank you for your attention, chumps.