Quote(s) Of The Day

One this short, you’d think I was taking it out of context. And if anyone can find justification I’m doing so, let me know. But I just don’t see any way this comment is defensible under any circumstances:

I know that most readers of NRO, like myself, believe completely in creativity and democratic power of the market.

More nonsensical nonsense is rarely spoken. Democracy is majority rule. Democracy is 50%+1 of the viewing public deciding that Jon & Kate Plus 8 is the best show on TV, and all channels immediately moving to a Jon & Kate marathon. Democracy is absolutely, without any qualification, a horrendously wrong way to describe a market.

A market is essentially the situation where no matter what you want, how bizarre or against the grain of “democratic sensibilities”, if you’re willing to pay dearly enough someone will provide the service/product you desire. Case in point? There are actual real, live hitmen. If you have enough money and want it badly enough, somebody will kill another person for you. I don’t see anything democratic about that*.

In fact, the discussion in question is a discussion about a building that the owners want to replace but the elites have decided is too artistically worthy to be demolished. It is, of course, a perfect example of democracy TRAMPLING on a market.

Even worse? She follows it up with this:

But, at the same time, I do not think that the market should be the sole determiner of what we do with our built environment. If that were the case, we would have long ago converted The Mall into parking and the Capitol and White House into loft condominiums.

Maybe it’s just me, but she seems to be saying that like it’s a bad thing? It was enough after the founding to place Washington DC in a fetid swamp — it helped to ensure a short legislative session. But then technologists had to go and invent air-conditioning, ensuring our elected officials could oppress us year-round.

I think if you really want to see what government should do, let Congress meet in Cheyenne Mountain** along with the President. Keep them underground. Isolate them from the echo-chamber of big-government sycophants willing to bend over backwards to gain access to power.

With the advent of air conditioning, DC could be a nice place. Why do we let our government hoard that prime real estate?

Hat Tip: Mises Economics Blog

* I’d point out, following up on Stephen Gordon’s post, that Democracy is like that. We’re going to vote a bureaucracy into existence that’s going to decide who gets to live and die. But it’s still not a market.

** My apologies to the fine folks of NORAD. I really don’t want you to have to deal with Congress or the President. It’s not fair to you. I’d like to have them operate out of Yucca Mountain, but unfortunately we’re not storing nuclear waste there yet.