Archive

Tag Archives: Government Inefficiency

Government has no place in the market.  In so much that the government needs to spend money on things that constitute the proper role of government, there is nothing that the State does that is expressly efficient.

The State is unable to address the needs and/or wants of the populace well enough to signal an efficient use of scare resources; resources that have alternative uses.  The government can, by force of gun or sword, dictate where money is spent, to be sure.  But that government has neither the ability or will to intuit that “will of the people who is the mark of a dynamic market.

What does this mean?

It means the government is incapable of spending your money better than you are.

Read More

Advertisement

I recently posted about my experience with plumbers and gutter guys.  I discovered that plumbers were horrible at communicating, showing up on time, being proactive and delivering.  Gutter guys, on the other hand, not only call ahead to confirm appointments, show up 5-10 minutes early and deliver quotes on time.  They also include the added benefit of bringing the beer.

Hard to beat.

Both professions are being hammered by the recession.  And you can make the argument that the gutter guy is hit harder; his is a discretionary expense.  Both need the work and as groups, should be equally motivated.  They weren’t.

My conclusion?

One is a licensed and regulated industry.  The other isn’t.

But isn’t government regulation necessary in certain industries?

Read More