June 9, 2008These folks cannot run a Taco Stand!It is churlish of me to use a piece of good news and wise decision making to beat up the U.S. Senate. But that's what I'm here for. WaPo: Senate Votes To Privatize Its Failing Restaurants I don't mean to impugn the restaurant business, or taco stands (mmm Tacos...), they require hard work and good decision making. But this underscores the broken incentive structure of top-down, government, command-and-control. Who thinks they will do any better running health care? Energy? No you can't, Senator Obama. The structure is wrong. Read a little Hayek. UPDATE: Too late to change my headline? It seems Yum!® Corporation cannot run a taco stand either. I went to Taco Bell (mmm Tacos...) and they are no longer offering tomatoes, or the Fresca menu (which uses tomatoes) and my order of a Mango Frutista was declined because "the Mango machine is busted." It's like the Soviet Union in Lafayette! 110th Congress Posted by jk at June 9, 2008 10:52 AM |