Quote of The Day: Sowell on Visions

Here Dr. Sowell comments on the all-too-common belief/misconception that all that exists, can be taken for granted, and that if we just blindly try to tweak things, nothing bad will happen.

[note, right-wingers are not immune to this problem, see the drug-war and international meddling]

Of course when he used the term “liberals” in this context he is referring to political leftists, not classical liberals, who we would know better today as libertarians.

Alice in Liberal Land – Thomas Sowell: Perhaps the most remarkable feature of the world envisioned by today’s liberals is that it is a world where other people just passively accept whatever “change” liberals impose.

In the world of Liberal Land, you can just take for granted all the benefits of the existing society, and then simply tack on your new, wonderful ideas that will make things better.

For example, if the economy is going along well and you happen to take a notion that there ought to be more homeownership, especially among the poor and minorities, then you simply have the government decree that lenders have to lend to more low-income people and minorities who want mortgages, ending finicky mortgage standards about down payments, income and credit histories.

That sounds like a fine idea in the world of Liberal Land. Unfortunately, in the ugly world of reality, it turned out to be a financial disaster, from which the economy has still not yet recovered. Nor have the poor and minorities.

Apparently you cannot just tack on your pet notions to whatever already exists, without repercussions spreading throughout the whole economy. That’s what happens in the ugly world of reality, as distinguished from the beautiful world of Liberal Land.