Public Good

Towing is Extortion

Sep 16, 2013

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City, Extortion, Monopoly, Municipal Government, Private Enterprise, Public, Public Good, Public vs. Private, San Francisco, Towing

So, I got my car towed this morning. I’ll rephrase. I got my rental car towed this morning, after parking overnight outside my apartment because there was no overnight drop-off. I’ll clarify. I got my rental car towed this morning after parking six inches over the line, my Hyundai’s ass sticking into my neighbor’s driveway.…
What Adam Smith Really Said About Government

Jul 29, 2012

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Adam Gopnik, Adam Smith, Competition, Economics, Government, Invisible Hand, New Yorker, Oligarchy, Public Good, Regulation, Theory of Moral Sentiments, Wealth, Wealth of Nations

I am a little late to the party, but I read Adam Gopnik’s piece on Obama’s “you didn’t build that” comment, and I am a little disappointed that he fails to understand Adam Smith’s message, or if he does, he has failed to represent his position correctly. Gopnik should know this, having reviewed Nicholas Phillipson’s…