July 15, 2004
Quote of the Day
...the first highways were in fact privately funded, and, it can be argued that Xerox's networking protocols were better than TCP/IP at the time, but that's all another story. The general point is, sure the government does some good sometimes, just as even that crazy neighbor who no one suspected would go off and kill 50 peoples always seemed so quiet and did great things for the community playground project. Even a broken clock is right twice a day. I can
point at dozens of things the government has done reasonably well, but there is no feedback mechanism that rewards the bureaucrats who did the good things and punishes the idiots who run the DMV for doing bad things, so there is no likelihood those seeds will sprout into oaks.
Meanwhile, though, dumb companies that piss off customers go under all the time, and good ones make people rich. It isn't that the same sort of idiots who run government agencies can't get their hands on companies for a while -- it is that they can't keep running things that way for long before the well runs dry.
Perry Metzger
Posted by Russell Whitaker at July 15, 2004 01:49 AM | TrackBack