January 15, 2010
The New Paternalism Crashes Down the Slippery Slope

Here's Glenn Greenwald on Cass Sunstein's recommendations for how the government can deal with conspiracy theories (HT: Will Wilkinson). Along the same lines, here's the latest installment of "New Paternalism on the Slippery Slopes" from Glen Whitman at ThinkMarkets.

Posted by Art Carden at 07:11 PM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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