Vincent J. Curtis
5 June 2018
RE: Ford and the magical, all-knowing market (Hamilton Spectator 5 June 2018.)
Research by a Ph.D. is supposed to be no mean thing, and so
I can understand why Latham Hunter, Ph.D. is so frustrated. In spite of
all her independently researched confirmed facts, those inclined to support
Doug Ford for premier stubbornly continue to support him nevertheless.
Deplorable!
The disconnect arises from two areas. First, Hunter’s
expertise is in the field of communications (at which, by her own admission,
she is failing miserably), while the matter under discussion is politics. She is speaking outside her realm of expertise. The second problem is the incoherence of her logic.
Facts of themselves cannot forecast the future,
and hence Hunter’s "confirmed facts" cannot logically conclude “how harmful Ford would be
for this province” – whatever the nebulous ‘harmful’ means in this case.
Hunter then reverts to full progressive mode – that
Ontarians ought to be ruled by their intellectual betters because the experts
know better than we do what is good for us. Continuing, Hunter takes
issue with Ford’s preference for market-based solutions to economic
problems. Ford’s is an entirely conventional sentiment that works often
enough. But Hunter can’t leave it alone.
No, she has to deny a rule established by economist
Friedrich Hayek that market prices reflect information the totality of which
cannot be known by any one individual, and by Ludwig von Mises that socialist
systems must be inefficient because the central planners would not know how to
allocate available resources efficiently. The inefficiencies that central
planning brings are precisely the matters at issue in the Ontario election.
Rule by the elites is being rejected the world over, and
causing heads to explode.
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