GruberGate

Don Boudreaux, arguably one of the country's best economic thinkers, summarizes the implications of Jonathan Gruber's disdain for the intelligence of the American people. Here's an excerpt, but be sure to read the whole thing:

Jonathan Gruber simply admits that the very process that people on the left romanticize and celebrate – democratic politics – isn’t what it’s cracked up to be. Of course, libertarians and public-choice scholars say the same. The difference between the Jonathan Grubers of the world and the Russ Robertses and Bryan Caplans of the world is that the former believe that politics is still commendable as long as good, smart people (such as Gruber) are performing deceptions necessary to trick voters into supporting policies that good, smart people somehow divine are best for the masses, while the latter believe that the very need to deceive rationally ignorant (indeed, rationally irrational) voters is itself a major flaw in politics – a flaw that makes politics far less reliable and admirable than competitive, private markets.

In a nutshell, GruberGate reminds us why we would be better off with less government, and a greater reliance on free markets, especially in regards to healthcare.

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