Leave it to the market
Cry Wolf Quotes
In Armour & Co.’s business not one atom of any condemned animal or carcass finds its way, directly or indirectly, from any source, into any food product or food ingredient” [italics in original]. Every meat animal and every carcass slaughtered in the Union Stockyards, or in the stock yards at any of the markets of the United States, is carefully inspected by the United States Government.
A little bit of knowledge is a dangerous thing. We’re dealing with an enormously technical matter that the public doesn’t understand at all, that I don’t understand at all.
OSHA at best has been a major disappointment, at worst an abysmal failure…To date there has been no solid evidence that OSHA has yielded any gains in safety or health.
If you compare what the card industry looked like 20 years ago to how it looks today, you’ll be astonished at how much better a deal consumers are lately getting. And government regulation isn’t what drove the improvement; free-market innovation and competition, did. Twenty years ago, all consumers paid the same interest rate—and it wasn’t low (19.8%).
