26.12.11

IT'S FOR YOUR OWN GOOD.

The case for activist or paternalistic government often, but not always, is an argument from bounded rationality or incomplete information.  Arnold Kling suggests that bounded rationality or incomplete information can also be reason for the activists or paternalists to back off.
Cognitive hubris is particularly troublesome when combined with radical ignorance. Indeed, this configuration justifies limiting government intervention in order to avoid setting up systems that are excessively fragile.
Read and understand.

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