Thursday, August 23, 2007
Follow the beans
The media are an ass - aka idiot - they give me hives. I try to quarantine them, I try to re-educate them, I try to limit their influence on my new government of Canada but they always sink to new depths.
For example, at the closing of the Montebello summit I was trying to talk about economic rationalism using an everyday example anyone could relate to: jellybeans. But the sniveling socialist news hacks ridiculed and debased my comment with snarky headlines and dumber-than-dumbing-down articles.
Their derisive treatment of my jellybean treatise obscured the important point I was trying to make. Economics teaches us that jellybeans, lumber, pharmaceuticals, oil, water, nuclear power, and health care services are all the same - products that are most efficiently provided by the private sector and should be freely traded between countries without artificial barriers to competition, such as government red tape and heavy-handed regulation.
The moral is that we should all become rational economic actors who seek the lowest price that is always provided by free, unfettered markets.
Right now Canada is like an elitist Boutique with only a few trendy flavors of jellybeans. The snooty sales staff tell you what kinds of jellybeans are good for you and won't let you try any others. The jellybeans are horrendously overpriced because of the low turnover and the social program overhead of the fancy displays, fat-cat union salaries, subsidized artisan jellybean makers, and excessive bureaucracy.
But right across the street is the giant Bean-Mart which sells virtually indistinguishable jellybeans for a fraction of the cost. They have a huge selection of every imaginable color that you can freely choose from with friendly assistance. They keep their prices low with high volume sales, globalized manufacturing, efficient distribution and cheerful but not overpaid staff.
Where would you want to buy your jellybeans? Of course.
But the corrupt government cronies of Beantique have built an artificial barrier in the middle of the road and will only let you shop at Bean-Mart once a month after filling out a lot of forms. Even worse, their bureaucrats have created convoluted and absurd regulations about the required size, shape and sheen of legal jellybeans on their side of the road so Bean-Mart can't sell its perfectly good product there.
That's what the summit was about. But don't expect to read that in Canada's commie-freak-loving media.