You might get back a much worse one than you had before. Since lots of people still want to immigrate to the US, that indicates that our government is less bad than theirs.
On immigration, Milton Friedman also says the following in Capitalism and Freedom, in the chapter about occupational licensing (chapter 9):
"It is easy to demonstrate that quality is only a rationalization and not the underlying reason for restriction. The power of the Council on Medical Education and Hospitals of the American Medical Association has been used to limit numbers in ways that cannot possibly have any connection whatsoever with quality. The simplest example is their recommendation to various states that citizenship be made a requirement for the practice of medicine. I find it inconceivable to see how this is relevant to medical performance. A similar requirement that they have tried to impose on occasion is that examination for licensure must be taken in English. A dramatic piece of evidence on the power and potency of the Association as well as on the lack of relation to quality is proved by one figure that I have always found striking. After 1933, when Hitler came to power in Germany, there was a tremendous outflow of professional people from Germany, Austria and so on, including of course, physicians who wanted to practice in the United States. The number of physicians trained abroad who were admitted to practice in the United States in the five years after 1933 was the same as in the five years before. This was clearly not the result of the natural course of events. The threat of these additional physicians led to a stringent tightening of requirements for foreign physicians that imposed extreme costs upon them."
The overall problem is the lack of appreciation of the acceptance of communities, (rather than any form of formal banking system), as the focus for local community prosperity. 1962, savings were in the hands of the successful members of each local community; who in turn invested back into their community, and thus always underpinning the local prosperity surrounding them. Now all savings are in the hands of what are gigantic funds, that in turn, make their investment decisions relate to the funds needs, rather than the local community . . . which are still . . . the origins of the savings. So to my mind the most important abolishment is the ubiquitous financial savings industry. We must return to the thinking that resulted from centuries of successful community prosperity; which came to an end during the early 1970's.
thanks Bet On It, but I do not use WhatsApp, as I always so enjoy full on face to face discussions. Again, my own proposals, related to my free PDF book; The Road Ahead from a Grass Roots Perspective, involve what will be a massive Capital Spillway Trust fund, enough to invest in ~30 million new jobs, so for the time being, I simply wait for the right moment to take that forward. But again, thanks for the update. Chris.
The downside of completely abolishing government is that, in the worst case, you might get it back.
You might get back a much worse one than you had before. Since lots of people still want to immigrate to the US, that indicates that our government is less bad than theirs.
On immigration, Milton Friedman also says the following in Capitalism and Freedom, in the chapter about occupational licensing (chapter 9):
"It is easy to demonstrate that quality is only a rationalization and not the underlying reason for restriction. The power of the Council on Medical Education and Hospitals of the American Medical Association has been used to limit numbers in ways that cannot possibly have any connection whatsoever with quality. The simplest example is their recommendation to various states that citizenship be made a requirement for the practice of medicine. I find it inconceivable to see how this is relevant to medical performance. A similar requirement that they have tried to impose on occasion is that examination for licensure must be taken in English. A dramatic piece of evidence on the power and potency of the Association as well as on the lack of relation to quality is proved by one figure that I have always found striking. After 1933, when Hitler came to power in Germany, there was a tremendous outflow of professional people from Germany, Austria and so on, including of course, physicians who wanted to practice in the United States. The number of physicians trained abroad who were admitted to practice in the United States in the five years after 1933 was the same as in the five years before. This was clearly not the result of the natural course of events. The threat of these additional physicians led to a stringent tightening of requirements for foreign physicians that imposed extreme costs upon them."
Do you live near any immigrant enclaves?
Bryan isn't YIMBY. He's YIYBY. Yes in YOUR back yard.
He personally wants to live in a "Beautiful Bubble" cut off from his own policies.
Do you live beside any coal plants? Guess you can't support electricity generation.
Do you live by any chemical factories? Guess you can't support creating any chemicals.
Do you live in a dangerous, low income neighborhood? Guess you can't oppose deporting everyone earning less than a certain amount.
Do you live near...
I think living next to a coal plant would make me much more cautious about recommending coal power, and I would be right to be cautious.
Imo drug prohibition is the #1 Biggest Loser. Inner cities are fundamentally unfixable while this black market is propped up.
I cannot wait to buy this book
The overall problem is the lack of appreciation of the acceptance of communities, (rather than any form of formal banking system), as the focus for local community prosperity. 1962, savings were in the hands of the successful members of each local community; who in turn invested back into their community, and thus always underpinning the local prosperity surrounding them. Now all savings are in the hands of what are gigantic funds, that in turn, make their investment decisions relate to the funds needs, rather than the local community . . . which are still . . . the origins of the savings. So to my mind the most important abolishment is the ubiquitous financial savings industry. We must return to the thinking that resulted from centuries of successful community prosperity; which came to an end during the early 1970's.
thanks Bet On It, but I do not use WhatsApp, as I always so enjoy full on face to face discussions. Again, my own proposals, related to my free PDF book; The Road Ahead from a Grass Roots Perspective, involve what will be a massive Capital Spillway Trust fund, enough to invest in ~30 million new jobs, so for the time being, I simply wait for the right moment to take that forward. But again, thanks for the update. Chris.
Our children and grandchildren will rue the day we let in Muslims
The "explosion of nuclear regulation."
GOOD one!
As I suppose you know, Milton's son David (https://daviddfriedman.substack.com/) is an anarchist and argues for "no government at all".
To be fair to Milton, I think his list was meant to be "no brainers", and omitted things for which the case was harder to make or ambiguous.
That was my take too. Still, I appreciate Bryan's insights.