… the righteousness fallacy, which Barry Brownstein noted is rampant in modern politics and a key driver of democratic socialism.
The Righteousness Fallacy (also known as the fallacy of good intentions) is described by author Dr. Bo Bennett as the idea that one is correct because their intentions are pure.
It recently occurred to me that California is a perfect example of this fallacy. Consider these three facts about the Golden State:
- California spends about $98.5 billion annually on welfare — the most in the US — but has the highest poverty rate in America.
- California has the highest income tax rate in the US, at 13.3 percent, but the fourth greatest income inequality of the 50 states.
- California has one of the most regulated housing markets in America, yet it has the highest homeless population in American and ranks 49th (per capita) in housing supply.
That politicians would persist with harmful policies should come as little surprise. The Nobel Prize-winning economist Milton Friedman once observed the uncanny proclivity of politicians “to judge policies and programs by their intentions rather than their results”.
In his book Capitalism and Freedom, Friedman described the danger of such thinking.
[The threat comes] from men of good intentions and good will who wish to reform us. Impatient with the slowness of persuasion and example to achieve the great social changes they envision, they’re anxious to use the power of the state to achieve their ends and confident in their ability to do so. Yet … Concentrated power is not rendered harmless by the good intentions of those who create it.
Jon Miltimore, “Data Show California Is a Living Example of the Good Intentions Fallacy”, Foundation for Economic Education, 2019-01-09.
November 4, 2021
QotD: The “Righteousness Fallacy”, California style
Filed under: Economics, Government, Politics, Quotations, USA — Tags: California, Homelessness, Poverty, Progressives, Socialism, Taxes, UnintendedConsequences — Nicholas @ 01:00
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