On the bright side.

ilyagerner:

A world without functioning traffic signals is preparing me for Ron Paul’s America. So far, lots of accidents, not much in the way of the emergent order that I’ve been promised.

I feel like this is almost certainly a confidence issue. The emergent order knows, deep down, that an alphabet soup of government regulatory agencies will soon descend upon said nascent and entirely beneficent order and smother it with numerous laws, storm taxes, and a litany of entirely new regulations, each of which are longer than War and Peace and several other books people have likely heard of. Thus, unwilling to pay taxes on purchases of new windows and fresh carpet and power lines and so forth, people will simply sit there and pine for Our Galtian Overlords to get on with it already. Ergo: It’s just the rationality of markets you are witnessing.

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