Utopian Bureaucracy

Bureaucracy is basically a utopian experiment because its practitioners often disregard reality and human nature and expect unrealistic results. They seek to perfect society and humanity itself by setting up bureaucratic structures and imposing and enforcing rules. Examples of this paradigm include Prohibition, the War on Drugs, the Iraq War, The War on Poverty, foreign aid, regulation of business, deregulation of business, the War on Terror, nationalization of industries, denationalization of industries, colonialism, and the Soviet Union, among other stupidities.

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A Few Notes about the Operation of Our Site

In Value Ideas and Long Ideas, I’ll try to point out stocks that I might invest in. I consider a value investment with a contrarian view. That means I try to find good money-making stocks that run contrary to popular trends. I suppose this approach is a lot like Warren Buffett’s; some of these stocks will be interesting, and some will be dull.

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