Gongol.com Archives: March 2009
Brian Gongol


March 9, 2009

The American Way Milton Friedman defends markets against the politically power-hungry
(Video) It's an excerpt from 1979, but the arguments ring true today. Those who talk about trying to control markets with more regulation quite often are only trying to accumulate political power -- which is just a different form of capital. That doesn't mean all regulation is bad -- some of it is quite necessary. But there's a huge difference between a small amount of necessary regulation and a large amount of government intervention everywhere, which tends to have the effect of making everybody poorer in the long term. Just ask North Korea. Or look towards Zimbabwe, where a strong-arm government is killing thousands through malice and ignorance alike.

Broadcasting Podcast: Could a majority in the Iowa Legislature be dumb enough to kill the Electoral College?
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Water News Kansas might be taking Nebraska back to the Supreme Court

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