Monday, April 05, 2010

Quote of the solution to the problem IS the problem!

The regulatory scheme in the US has grown so complex that no one and no organization can understand the entirety of the impact of any new additions or changes. That's an argument for reducing mandates, not expanding organizations to somehow retain competency, because as Hayek argues, it becomes impossible to predict and resolve problems. Instead, the organization creates problems and then has to fix them, creating even more unforeseen problems that require even more interventions, and so on.
~Ed Morrissey

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