Here’s a bit of Sunday afternoon musing: A perfect society is only possible if you have perfect people. I’m certainly not perfect; as the Old Man was fond of saying, “perfection is a fault, and I don’t have any.” But all kidding aside, in economics, as in so many other things, we can’t have Utopia. We shouldn’t try. Every such attempt ends up with some people telling other people what to do, usually for their own good, or so they claim. As C.S. Lewis wrote:
“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own…
