'The Illusion of Government Competency'

Shannon Love , at Chicago Boyz takes three Instapundit posts, and elaborates on a theme many of us (at least those of us who pay attention) have known for quite some time.

Bureaucrats, executives, and policy makers in government have no inherent talents and intelligence that make them or their decisions and policy automatically superior to those same types of people in the public sector. Indeed, a valid argument can be made that the government functionaries are almost always inferior in almost every way.

Noteworthy:

"Leftists like to argue that, by some magical mechanism, real-world politicians make better decisions, especially better economic decisions, than do private actors in the free market. They usually make this argument after either the free market corrects itself naturally or the government interferes. They then simply assert, without any possibility of empirical verification, that the magic government unicorns could have prevented the problem if only they had been given enough power to do as they wished.

Such arguments are clearly ex post facto. Leftists cannot predict market correction any better than anyone else, so clearly they don’t have a predictive model of the relationship between any particular regulation and any particular market correction. More importantly, when they do have the power, they often do nothing to address the causes of the correction. Last year’s financial collapse demonstrates this clearly. "

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