Political Economy Wisdom on ESPN

There are some bright spots in the midst of the seemingly unstoppable growth of government. Citizens of every stripe are beginning to wake-up to the dangers and stupidity of the meddling in private affairs of this current administration. And for all of my sports fans who don’t think much about government, economics and the constitution maybe Boettke and Kornheiser can change that. HT to Peter Boettke, GUM economics guru from their great blog Coordination Problem.

tonykornheiserListening to ESPN radio yesterday while stuck in local traffic,Tony Kornheiser argued that he was tired of local politicians announcing their broader domestic policy agenda, let alone their foreign policy position. Who cares what the mayor thinks about those issues? All we should be concerned about are the 3 S’s: Schools, Safety, Services. We want quality schools, we want to walk our streets without worry, and we want our garbage picked up. Other than that, Kornheiser reasoned, and government need not be meddling in our lives.

On the same show Kornheiser attacked the populist rhetoric used to denounce “hedge-fund managers” who have made significant money over the past year. Kornheiser argued that these guys didn’t get any TARP money and didn’t ask to be bailed out, but instead worked hard to figure out how to make money for their clients and in doing so earned every penny they have gotten.

I realize that the probability that Kornheiser is John Stossel in sports clothing is very low, but his 5 minute rant did make my frustration due to insane local traffic temporarily go away.

Posted by Peter Boettke on April 02, 2010 at 08:33 AM

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