Thursday 4 October 2018

Reversions

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Bill Mitchell is right: economics fosters a lack of social concern in its students. I've been affected by economics in just that way. It is astounding to get to view oneself in that light once the shadows over one's self-perception have passed on.

At the same time that I've become willing to admit the need for social empathy and collective forms of social support, I observe with amazement that the so-called left has lost its charitable leanings toward the working class and the less fortunate in society. Here's a case in point - and also a demonstration that regulation — so fervently championed by the authoritarian left as the shining opposite of naturally baneful deregulation — is quite capable of creating havoc and misery.

The Green Energy and Green Economy Act, which the Ford government announced Thursday it would officially cancel, was one of the most monumental government follies of our time. It was a hydra-headed monster of regulations and fiat that bludgeoned Ontario’s rural communities, stripped Ontario’s municipalities of every right to the slightest participation in their own planning, placed a darkling pall over the manufacturing industry, and imposed the highest electricity costs in all North America on some of Ontario’s lowest-income citizens.
The source

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