I have been a libertarian since I was about 12 years old, because even at that age I could tell the virtue of individuals making their own choices and deciding what is best for them personally. It bothers me that even to this day there are still people in our country and around the world who believe that the government knows how to best serve our needs and how to best spend our money. I will therefore give my interpretation of how the government structure of the USA should be set up if I could ideally allow it to be.
1.) The Federal level of government would be akin to the current local and municipal governments of today. The government would be small, and there would be very little for it to do, because in my opinion every time the Federal government gets involved with something there is a massive loss of total utility in the system and a very large loss of efficiency. The government would be allowed to function as a sort of small entity with a few distinct functions.
- Establishing(or in this case continuing) the military. Every country no matter its size should have a military to protect itself, and as a world power the USA should always have one. The spending on the military would probably be the second biggest component of the government spending, but in my mind would be equally as important as the first biggest.
- Creating a currency that is allowed to fluctuate and is of some value. The national government is much better prepared to set forth the way for money to be created and spent, but I would much rather see it set forth in a way that actually gives the money itself value, as opposed to the worthless paper in the pockets of citizens today. This currency would be the largest part of the governments spending, mostly in the printing of the currency, but the currency itself would be tied to something of value to create an actual currency
2.) The state government would be slightly larger than the federal government, but would ideally itself be rather small in order to hold the efficiency in check and to allow all functions it carries out to be the most succinct and proper. The state government would have more control over the actual policies that are enacted within each state, so that if the citizens of a state desire a certain property they can get the legislation enacted, and the people can have their way. This also creates the opportunity for citizens who disapprove of the policies to move to a different state in order to get away from the policies they disagree with. I see this as far superior to a country where many undesirable laws are made by a large federal government, with no real options for moving away from these legislations.
3.)The local bodies would merely mitigate small disputes and pass ordinances to create an even more perfect atmosphere for the citizens of their community.
I believe that if we were to have actual businessmen in the government there would not be many of the problems/infringements that currently entangle and complicate our system. We allow people who have not seen the proper function of a market to make decisions that affect the rest of the country and the world, and it has propagated into an extremely large problem, hassle and forfeiture of rights, without reason or rhyme.
I could start this blog with a long winded declaration of what Paul Krugman has done, but I assume that most people have at least heard the rhetoric that he spews. For the longest time, I have heard that the Nobel Prize in all of its forms is a prize that shows the accomplishments of those who are the leaders of their fields. If you have some great advance, and your field is fitting, you will receive the Nobel Prize for what you have done. Today a regressive individual was awarded a progressive prize. As opposed to giving the prize to someone with an original, forward thinking positive thought, the prize has been awarded to the exact opposite. Krugman twice weekly writes about his views on the economy, but more so on his thoughts of the world and the United States at large. He wins a prize today for economics, when he has made no great contributions to the field in any persons recent memory. Paul Krugman has done a great deal to advance the liberal agenda to like minded and non-thinking individuals who swarm to the propaganda like moths to a light. I have seldom been as disappointed in something I truly believed in as I am today in the board that awards excellence in my profession/hobby. I hope that the field as a whole does not continue in the direction that Krugman hopes to take it during the seldom times that he decides to actually write about economics. The awardance of this prize just further proves the lack of a need for the prize in the first place, because it does nothing to advance the world as a whole, nor the economy. I am depressed, sad and completely disappointed with the Nobel Prize commitee and will no longer place any emphasis on what they say or who they award.