Aug 24, 2009

Gagdad Bob Answers the Big Questions

Why Is There Stupidity?

Y'know, it takes a big swingin' pair of Buddha-Bollix to tackle the perennial questions that nag at us, just in back of our daily work experience. It only takes a few minutes of interaction with the Left, with co-workers, with family to make you gnash your cosmic teeth in quiet frustration at the inexplicable.

Well, while Bob Godwin can't cure your co-workers or Obama, he certainly can diagnose the problem with delightful deftness:

To cite one particularly glaring example, there is the science of economics. And there is politics, or "political science." The former is the application of intelligence toward understanding the creation of wealth. The latter is the application of intelligence toward the acquisition of power (or perhaps we should say power misappropriating the intelligence).

These two uses of intelligence are at odds, which is where socialism come in. Socialism -- including Obamanomics -- is the application of the will to bend the science of economics toward the acquisition of power. As Mencken said, "a socialist is simply a man suffering from an overwhelming compulsion to believe what is not true."

It's all good. I'm in a deep funk, so, yeah, I'll just keep linking better blogs. It's the least I can do.


Ricky Raccoon said...

Bologna. OC's better because of you.

Francis W. Porretto said...

"[Economics] is the application of intelligence toward understanding the creation of wealth."

Wrong. Economics is the study of the patterns human beings and their institutions make in the pursuit of what they desire. Sometimes that's wealth of some form; other times it's far more abstract.

James Buchanan, Gordon Tullock, George Stigler, and Gary Becker all won Nobel Prizes for their work in the economics of immaterial things, mainly information and motivation. Mr. Godwin should widen his reading.