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A Stitch in Haste

A Stitch in Time Saves Nine...But Haste Makes Waste

A collection of real-world libertarian, individualist and laissez-faire rants on law, economics, politics, culture and other current events
by an average, everyday lawyer & investment banker and part-time pop scholar.

Bloomberg: Eating Trans Fat = Speeding
(Why aren't you reading this at the new website?)

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New York City's philosopher-king is defending the Board of Health's potential war on free markets:
The city has as much of a right to ban trans fats from restaurant menus as to impose speed limits, Mayor Bloomberg insists.

Continuing his campaign to stamp out the artery-clogging oils, the mayor said yesterday that City Hall should intervene when lives are at stake.

"Nobody seriously thinks we shouldn't have a speed limit ... [or] gun laws," he noted.
First off, we'll leave that gun law remark for another day.

It's quite simple really, at least for people who, unlike Bloomberg, are not flaming idiots: Speeding, at least reckless speeding, generates unreasonable externalities — both certain (i.e., people have to be especially alert drivers in the presence of others who are speeding) and probabilistic (i.e., the heightened risk of a major accident).

And this is functionally equivalent to eating a doughnut — how?

The only externalities that are generated by unhealthy eating are those that the government itself has created, by implementing socialized medicine. The government creates an externality, and then creates a nanny state to correct the externality?

Madness. Sheer madness.

I will never — never — understand why people take this buffoon seriously.
Posted by Kip on 1 October 2006


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