From England to Bush, the Solution is Government Should Do Less to Do More?

A couple weeks ago I read an interesting article in the Telegraph- in it, longtime journalist Janet Daley suggests that the best thing that the British government can do to improve the economy and make people more wealthy and happy and free is to work really hard and be very productive in DOING LESS. The truth of the matter is that politicians have to have real guts and strength to simply say 'no, I will not spend taxpayer money trying to control people and the market,' but that may be exactly the kind of strength and guts we need today- politicians who promise to do more of less. From her article A daring idea to fix the economy: try doing less:

...the myth of government activism – the idea that intervention by the state is the answer to every economic and social problem – had been definitively routed. Apparently not: Mr Osborne and, we must assume, his boss still seem to believe that any unacceptable national situation must require direct action from them.

Or maybe they don’t believe that at all. Perhaps they just lack the political courage to admit that, in our present crisis, the best thing that the Government can do is to get out of the business of running (or subsidising, or initiating, or incentivising) things altogether – not just in the interests of saving money, but because the effects of such interference are counter-productive. What the economy is suffering from is not an insufficiency of overweening, fussy, bureaucratic initiatives that inevitably unleash an avalanche of unintended consequences, but a lack of cash in the hands of people who might spend it in ways that would actually create wealth and stimulate (in the proper sense of the word) economic growth.

If ever there was a time for radical proposals by a governing party, this is it. Rather than the imitative, mealy-mouthed shuffling of dollops of money from one departmental scheme to another, in what will inevitably look like panic in the face of rising youth unemployment and disappointing growth figures, what we need is a display of real insight and nerve...

...There is an urgent need now to rethink the whole relationship between government and populace while there is still the possibility of discussion. In Britain, Europe and America, the questions are remarkably similar. Can a free-market economy support an infinitely growing state? We will have to choose, quite soon, between liberty and the “security” of a society in which government controls the levers of economic life. Washington politicians are getting a terrible drubbing for failing to resolve their implacable differences over the size of the state (to the extent that they are unable to agree a federal budget). The US national debate may seem rough and ready to European ears – but at least they are engaging in the real argument.

She is right- the argument has been joined, and today via memeorandum I read in the Wall Street Journal an article that echo's the very ideas of Ms. Daley. From former Florida Governor Jeb Bush's article Capitalism and the Right to Rise:

...Increasingly, we have let our elected officials abridge our own economic freedoms through the annual passage of thousands of laws and their associated regulations. We see human tragedy and we demand a regulation to prevent it. We see a criminal fraud and we demand more laws. We see an industry dying and we demand it be saved. Each time, we demand "Do something . . . anything."

As Florida's governor for eight years, I was asked to "do something" almost every day. Many times I resisted through vetoes but many times I succumbed. And I wasn't alone. Mayors, county chairs, governors and presidents never think their laws will harm the free market. But cumulatively, they do, and we have now imperiled the right to rise....

....We either can go down the road we are on, a road where the individual is allowed to succeed only so much before being punished with ruinous taxation, where commerce ignores government action at its own peril, and where the state decides how a massive share of the economy's resources should be spent.

Or we can return to the road we once knew and which has served us well: a road where individuals acting freely and with little restraint are able to pursue fortune and prosperity as they see fit, a road where the government's role is not to shape the marketplace but to help prepare its citizens to prosper from it.

In short, we must choose between the straight line promised by the statists and the jagged line of economic freedom. The straight line of gradual and controlled growth is what the statists promise but can never deliver. The jagged line offers no guarantees but has a powerful record of delivering the most prosperity and the most opportunity to the most people. We cannot possibly know in advance what freedom promises for 312 million individuals. But unless we are willing to explore the jagged line of freedom, we will be stuck with the straight line. And the straight line, it turns out, is a flat line.

What Governor Bush is talking about is the same kind of thing that I personally observed during my time as a policy adviser in the state's capital. I remember distinctly one time when a young Republican 'conservative' staffer came in to work one day, upset that the car that she had recently bought turned out to have been a bad purchase. She set about writing a law that would force the state to regulate and control all sellers of automobiles in the state and then tried to convince legislators to sponsor this piece of legislation- she wanted the state to immediately do something, to step in and spend lots of money and time and effort controlling thousands of people's individual decisions just to protect several people from their own stupidity. She proposal was met with great hostility towards me, and I countered her proposal by suggesting that rather than the state doing something about used car dealers, it instead loosen regulations and fees and taxes on all car dealers, making the market more free, so that more fools like her could be separated from their money, as the hand of God in its infinite wisdom is wont to do. I wasn't joking though.

The real courage and intelligent thing to do to create a more vibrant, free market by cutting back government regulations and fees and enabling people to be people, in all their glorious faults and warts, because only by doing so can we also unleash the amazing potential for great and good things that humans contain in them. The safe, stately downward path of state control is not the path for me and is not the path that successful, free, and prosperous people- no, we choose the jagged and uneven and unpredictable path that is the path of less government regulation, taxes, fees, and supervision- that is the only true path for better protection and encouragement of life, liberty, and property.