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1851 Center for Constitutional Law

Big news: Maurice Thompson has established the 1851 Center for Constitutional Law.

Support this important work today, with your money and your attention. "Jurisdictional transparency" is as important or more important than financial transparency, and Thompson is the state's leader in ensuring that governments operate legally, within their constitutional boundaries.

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Et tu, Paul?

By editor

One hopes this quote isn’t accurate: Congressman Paul Ryan saying, ‘Rationing happens today! The question is who will do it? The government? Or you, your doctor and your family?’

Good Lord, no. Choice is not rationing. Choice is the free market response to scarcity. The fact that there is scarcity does not imply that rationing must exist. Scarcity always exists. Rationing exists only when the free market is upended.

Think of it this way: I want to buy your house (or car or services as a doctor) but I can’t afford to. No rationing has occurred, but scarcity has raised its head and my budget can’t overcome it.

Now I want to buy your house, etc. and I can afford it, but some third party steps in and interferes with our ability to exchange goods. THAT is rationing.

This entry was posted on Wednesday, July 21st, 2010 at 5:16 am and is filed under blog. You can follow any responses to this entry through the RSS 2.0 feed.

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