Originally Posted by jungmark
Wouldn't that be bribes? The govt. should produce better laws without money. However they need money to run for congress.
What do you think this production of laws and executing/enforcing would cost? Is it a bribe to pay for such 'services'? Really? If I follow this logic, people who need phones for their business are being bribed by companies which produce them, because they need to pay for a service they're "entitled" to. That's absurd, right? Or are they entitled to everything which is provided by the government, and everything which comes from businesses is open to free market? Seems to me, the business of mobile phones/ network requires lots of regulations, or services from a government. I hope I'm not getting too philosophical for your tastes, but would iphones exist, if there was no government? Entitlement doesnt imply free services. Simple as that.
I'm not sure what Hayek would argue, but in a service based economy, one could argue the government - and or the metaphorical business it represents - takes care of some fundamental services needed for people and businesses to function. Throw that out of the window, and that business model based on patents is lost as well. Obvious, no?
Also consider the complexities of their services. Making laws is not the most easy/straightforward thing in the world, I'd argue. Might be even more complex than designing an iphone. Some brilliant mind could single handedly imagine a concept which leads to an iphone. In the context of laws, a brilliant mind imagining some concept? Perhaps, but the amount of parties, stakeholders, implications, risks and what not, far exceed those of a billion dollar company producing iphones worldwide. Think about it.
Fwiw, i'm in the business of a (privatized) health insurance agency in the netherlands. Meaning, i've got an awful lot of laws and regulations and connections to local and national government which are on my back. Just like a medical field (in my case specialized care, or contracting hospitals, with the focus on specialized medicines) and a pharmaceutical industry with their own worldwide playing field. This last being mostly on my desk, btw.
And the views some of you have on obamacare... Well, you think i might be misguided.. I can tell you .i dont know where to start as well. Talking about taking care of some bare necessities.