Our country is ruled by a caste of lawyers who are almost to a man (or woman) economically illiterate. They know how to write laws to redistribute wealth but don’t understand how that wealth is produced. They also write laws that make it easier for lawyers to extort money from productive members of society, and centralizing power to lawyer-politicians who use that power to stay in power.
-- Joel West, professor at San Jose State University and open source researcher, in a bangin’ post about the market’s response to Obama’s economic maneuvers.
I’d push it even further: who says they’re only economically illiterate? Does anyone think that the bureaucrats are technologically literate? Environmentally literate? Culturally literate? Stop me when I name one… fiscally literate?
The truth is that the State is run by people who are coercion literate. The only language they know is one of crowd manipulation and control. They know how to garner power, they know how to boss people around with it.
If you have the power of the sword, why learn about anything else?
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