My files are so voluminous that I cannot put my hands on the transcript of the interview at the moment to offer more details. For that I will apologize. However, the insight was so consequential that it has never left the background of my thinking.
While doing research for a magazine article some years ago, I had been talking with a wildlife biologist about a controversial management issue when he told me a great truth about how we approach wildlife and wild lands policy.
Paraphrasing, he said that we don’t have the answers to all of our questions. Further, he said that our outdoor world is so complex that we cannot even know how much we don’t know.
It is that truth which we fail to recognize and admit; and it is our failure to do so that constantly gets us into trouble.
That brings me to today’s highlighted article. The Free Market Beats Government Planning Every Time is the title and it starts like this:
One of the most challenging and important jobs for an economics professor is to teach students how little we know and can possibly know.
My longtime friend and colleague Thomas Sowell says, “It takes considerable knowledge just to realize the extent of your own ignorance.” Nobel laureate Friedrich August von Hayek admonished, “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”
The fact that we have gross ignorance about how the world operates is ignored by the know-it-all elites who seek to control our lives. Let’s look at a few examples of the world’s complexity.
The article then goes on to explain why the government’s approach to controlling the economy not only fails but makes things worse for consumers. This is precisely why socialism/communism always fails.
What sportsmen refuse to recognize is that our wildlife and wild lands suffer the same fate as our economy because of overreaching federal management. The constant efforts to control everything about our outdoor world consistently make matters worse.
Yet we clamor for the Fed to “do something” about every issue.
I could write a book about the problem – probably 12 books – if I thought more than a handful of people would actually read them…
In the meantime, I’ll continue to post these snippets of truth and pray that someone, somewhere, sometime will actually decide they can take a touch of truth and make a difference wherever it is they live.
That’s the view from here…