Friday, January 20, 2006
Combating Lobbyists
In his latest column Walter Williams reveals how Friedrich Hayek would have solved the problem of lobbyists controlling the government in this country:
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Nearly two decades ago, during dinner with the late Nobel Laureate Friedrich Hayek, I asked him if he had the power to write one law that would get government out of our lives, what would that law be? Professor Hayek replied he'd write a law that read: Whatever Congress does for one American it must do for all Americans. He elaborated: If Congress makes payments to one American for not raising pigs, every American not raising pigs should also receive payments. Obviously, were there to be such a law, there would be reduced capacity for privilege-granting by Congress and less influence-peddling.Makes sense to me.
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