Showing posts with label cronies. Show all posts
Showing posts with label cronies. Show all posts

Tuesday, June 23, 2015

How To Thoroughly Inspect A Building Without Going Inside

Thoroughly inspecting a building for code violations without ever setting foot inside is impossible, right? Not if you're the mighty, mercenary code enforcement inspector Ben Holder, hired last year by the City of Greensboro at the insistence of Councilman Mike Barber and Mayor Nancy Vaughan at a cost of $60 an hour to inspect the now condemned Heritage House Condominiums. According to Mr Holder all you have to do is turn on your computer and "utilizing the "Control F" technique and the term "smoke Detector" while reading Chapter 11 of the Greensboro Housing Code"

Seriously folks, I couldn't make up this kind of corruption if I tried. Ben Holder was hired by the city of Greensboro to find properties that weren't up to code. Instead he spent his 20 hours a week at $60 an hour sitting at home doing searches on his computer of the records of the work that the real code enforcement officers had already done.

And Ben Holder has about 1 year of experience as an actual code enforcement officer compared to those he is criticizing who have decades.


Monday, February 16, 2015

New Zeniths in Central Planning: Thirty Years of Downtown Greensboro Failure, Empty Industrial Parks and now the Mega Site

Beyond centrally planned urban areas and industrial sites being many times fertile grounds for corporate welfare, special interests and crony capitalism, one might want to examine another problem in the form of a knowledge problem. (1)

The central planner and associated politico ilk, the plans thereof, suffer from a knowledge problem in that: How does the central planner know all the plans of all the individuals that make up all others outside the central plan? How does the central planner know that all the individual particular time and circumstance based plans (the plans of the many) somehow and in someway come into equilibrium with the central planner’s particular central plan (the plans of the few)? Stated alternatively, the central planner proceeds as if his/her plan will succeed based on a wild guess aka “economic” impact study that in essence assumes away the particular time and circumstance of all others outside the central plan as not being plans divergent in nature from the central plan -and- implicitly assumes perfect knowledge of the particular time and circumstance plans of all others outside the central plan. Through magical thinking (the assumption of perfect knowledge) the central planner assumes those zillion plans and interaction between those zillion plans merge into equilibrium with the central planner’s plan. (2)

If perfect knowledge does indeed exist, then failure should rarely or never occur. Yes, you figured it out, the central planner doesn’t know and hence a major knowledge problem exists. Yes, failure is an option. The implicit assumption of perfect knowledge by the central planner ends in failure more times than not. As William Easterly explains [paraphrasing]: Despots and their central plans occasionally succeed, but more times than not they fail, with the only winners being those special interests and/or cronies enjoying the spoils of the now failed plan. (3)

Moreover, in US political economy the history of central plan failure, with the only winners being those special interests and/or cronies enjoying the spoils, is a broken record that is ongoing and extends into history over 225 years. (4)

 


Notes:

(1) Economics and knowledge, F.A. Hayek, presidential address to the London Economic Club, February 1937
http://www.econlib.org/library/NPDBooks/Thirlby/bcthLS3.html


(2) Ibid

(3) The Tyranny of Experts, William Easterly, 03/2014

http://www.amazon.com/Tyranny-Experts-Economists-Dictators-Forgotten/dp/0465031250/ref=sr_1_1?s=books&ie=UTF8&qid=1424082583&sr=1-1&keywords=the+tyranny+of+experts


(4) A Republic No More: Big Government and the Rise of American Political Corruption, Jay Cost, 02/2015

http://www.amazon.com/Republic-More-Government-Political-Corruption/dp/1594037272/ref=sr_1_1?s=books&ie=UTF8&qid=1424082678&sr=1-1&keywords=a+republic+no+more+big+government+and+the+rise+of+american+political+corruption