Saturday, April 01, 2006

Posted IN SPITE of what you like.

Knowing how much all of you like the interaction of economics, cars and politics I decided to write a post on Ethanol anyway. Here’s my take on it. Leave people alone. Markets WORK. They work because a decentralized network of rational actors is much smarter than central planners. When some says ‘the market’ they mean ‘what you get when you let people do what they want.’ Oddly enough that's the most efficient state anyway. If the government gets out of the way and stops messing with things (and this would involve a lot of work) the market will come up with the most efficient way to propel cars from point A to point B. The more governments mess with fuel efficiency through CAFE, strange tax configuration, subsidies and market interference the less efficient the situation will be. Here is a nice editorial on why E85 isn’t that good. Here’s a very brief explanation of why interference with gas sales is bad.

Long story short if we’re left alone we’ll come up with the best solution. ‘experts’ can’t make a better solution than the market can.

12 Comments:

Blogger Cohort Mandibles said...

Booorrinnggg. I didn't even get through the first few sentences before my eyelids started to droop. This is worse than a good old fashion fishing trip.

1/4/06 21:46  
Blogger NDammitt said...

Cohort, why do you even bother?

2/4/06 06:25  
Blogger Garble said...

Don't worry about it CM, you probably wouldn't understand it anyway

2/4/06 07:48  
Blogger Cohort Mandibles said...

Well clink, I bother because Garble posted up something "IN SPITE" of what we like. So why not spite it back? Moron.

2/4/06 10:23  
Blogger NDammitt said...

I'm still confused, you're just not making any sense.

2/4/06 10:56  
Blogger NDammitt said...

Why would anyone be bothered by posting something that you don't like. And who said that you speak could speak for the rest of us?

2/4/06 10:59  
Blogger Cohort Mandibles said...

Now you're the one who's not making any sense. And who said I speaking for everyone?

2/4/06 11:17  
Blogger NDammitt said...

You did when you said, "I bother because Garble posted up something "IN SPITE" of what we like." The ‘we’ part is in the plural, and unless you now have MPD, which I can't rule out, it means that you’re talking for more than one person. If you meant to say I instead of we, than just ignore this and move on.

2/4/06 15:19  
Blogger Cohort Mandibles said...

You can still use "you" and imply everyone on the blog, because he didn't specify who exactly "you" is. And besides asshole, just because I said "we" doesn't mean EVERYONE on the blog, idiot. If one person agrees with me, then the "we" still holds true.

2/4/06 17:48  
Blogger Jack T Briggs said...

Everything about this post is boring.

3/4/06 04:48  
Blogger Simon Hawk said...

"Leave people alone. Markets WORK."

Any time I can get people/government to leave me alone its a good thing. It's amazing at how well I work when the universe leaves me alone.

3/4/06 05:51  
Blogger Garble said...

I know it's political Gold when simon buys into the idea.

3/4/06 06:55  

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