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" ... After long last, the Staggers Act of 1980, named for Harley Staggers (D-WV), who chaired the House Committee on Energy and Commerce, enabled freight railroads to offer prices based upon real world supply and demand, instead of the bureaucrat’s decree. Shippers themselves came to realize that they could negotiate better deals for themselves instead of the collective rate proposed by the ICC. The Act also significantly downsized the ICC, which at the time had 11 commissioners and more than 2000 employees. It was later retired and replaced with a small agency known as the Surface Transportation Board. ... "
" ... And that's a suggestion to be resisted at all costs. Yes, it sounds sensible: but it's one of the cornerstones of the UK system that HMRC's information simply doesn't go to anyone else. They have vast powers to pry into every corner of ones' life, power that we simply don't want any other arm of the state to have (indeed, are not happy that HMRC have). And the first thing that would happen if ONS got access is that every other bureaucrat with a terminal would have access. As with GCHQ having limited powers to snoop on communications: powers that extend to local councils being able to do so, among hundreds of state organisations that have such powers. ... "
" ... In contrast, government incentives discourage practitioners from using their independent best judgment. Rather, the medical team is incentivized to practice a crude “one size fits all” form of medicine to avoid government penalties. In effect, this replaces the rational judgment of the on-the-scene practitioners with the opinion of a bureaucrat hundreds of miles away who has never seen the patient. The government places its heavy thumb on the delicate scales of sound clinical judgment. ... "
" ... In the short-term, I would say: treat state governors, not the federal agencies, as your primary partners in battling the virus. Spend an hour or two a day talking to key governors. Get the top 100 mayors on a call, ask them what they need, and then don't take any excuse from any federal bureaucrat as to why that can't happen. In a fast-moving situation, you need to be responsive to people on the ground who are seeing the phenomenon up close. ... "
" ... You can watch the video and what will probably strike you is how little drama these words convey in the live moment. It’s just a bureaucrat talking the way bureaucrats talk, or so it may seem. But — in the nature of these things, the traders who move the markets seized on those three words, and walked the Euro back from the brink. The whole situation turned, and the Eurozone’s recovery began, right then and there. ... "