Watching the fallout with the now infamous Oban deal I remembered Lawrence W. Reed's publication "Seven Principles of Sound Public Policy" and thought they were worth restating here:
One
Free people are not equal, and equal people are not free.
Two
What belongs to you, you tend to take care of; – what belongs to no one or everyone tends to fall into disrepair.
Three
Sound policy requires that we consider long-run effects and all people, not simply short-run effects and a few people.
Four
If you encourage something, you get more of it; if you discourage something, you get less of it.
Five
Nobody spends somebody else’s money as carefully as he spends his own.
Six
Government has nothing to give anybody except what it first takes from somebody, and a government that’s big enough to give you everything you want is big enough to take away everything you’ve got.
Seven
Liberty makes all the difference in the world.
Read the details of each point at the Nassau Institute site at this link...
