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Wednesday, December 2, 2009

Walter E. Williams: When elites make our decisions for us

"Whether it is health care, education, employment or most other areas of our lives, I ask you: Who has the capacity to master all the complexity to make choices on behalf of others? Each of us possesses only a tiny percentage of the knowledge that would be necessary to make totally informed decisions in our own lives, much less the lives of others. There is only one reason for the forcible transference of decision-making authority over important areas of our private lives to elite decision-makers in Congress and government bureaucracies. Doing so confers control, power, wealth and revenue to society's elite. What's in the best interests of individual members of society, such as a person who'd rather launch a landscaping business than purchase a health-insurance policy, ranks low on the elite's list of priorities."

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