Government regulation is like a graveyard spiral: you know something is dreadfully wrong, but unless you understand the signals, there is no way out. Regulation blinds an economy to signals comparable to an airplane's pitch and bank, signals that would let producers and consumers adjust their activities in response to their desires and available resources.
The Government Spiral
3 comments:
Lol, Big Brother financed Langley,that was a funny line....and an altogether aviatory commentary....that merits posting.
i saw on GReader that you posted something by this title, then got an email sent to me by an economics site the next day!
really?! thats interesting. I just stumbled across it the other day googling a rumour I had heard regarding the FAA disbanding... nothing to that rumour apparently, but I did find this article!
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