01 December 2011

Myths of the Nanny State

The late economist Julian Simon was libertarianism's great optimist. Classical liberals are naturally cynical about government and, as Jefferson famously put it, its natural tendency to grow and for liberty to lose ground. The "upside" of libertarianism, however, has always been the philosophy's ability to see the potential in individuals and in people's proclivity to make good decisions about their own well-being and, in the process, better the plight of humankind.

No one put humanity's explosion of wealth and prosperity into better perspective than Simon. Simon's targets were the doom-and-gloom environmentalists and zero-population-growth activists who in the last half of the 20th century peddled dire predictions of the coming cataclysm they said would be wrought by free markets and American consumerism. Using a wealth of economic, demographic, health, and consumer data, Simon showed how capitalism has made us more prosperous, healthier, better educated, longer lived, and generally better off than we've ever been. Furthermore, he demonstrated how prosperity and technology tend to make scarce resources more abundant, not less.

Though Malthusian prophets still pop up from time to time, Simon seems to have largely won that debate. Today's critics of free markets don't invoke Armageddon as their predecessors did. Nor do they declare that prosperity will be our undoing. Rather, today they argue that we simply aren't equipped to handle our freedom and our success. Instead of invoking government to heavily regulate the economy and redistribute wealth, they now argue that we need government to make many of our personal decisions for us, because individual Americans can't be trusted to make them on their own.

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More: Myths of the Nanny State - Cato Institute

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