The politics of Nirvana

Interesting article here on the politics of fantasyland.

Key extracts:

"In a paper from 1969, the American economist Harold Demsetz distinguished between two approaches to public policy: the “nirvana” approach, and the “comparative institution” approach. The former presents the choice as between an ideal norm and the imperfect existing arrangement; the latter as between alternative, real world arrangements, imperfect and less imperfect"

"Ideals are necessary, but so are plans, and the most admirable idealists are also cold-eyed realists. Abraham Lincoln didn’t think it was enough, as some of the abolitionists of the north did, merely to shame the slavery-supporting politicians of the south. He trimmed and hedged and compromised his way towards abolition. Martin Luther King was not the airy figure of myth, but a highly astute politician and campaigner who out-thought and out-manoeuvred his opponents. He had a dream, but he wasn’t content to live inside it."

Comments

Popular posts from this blog

Nick Herbert on his visit to flood hit areas of Cumbria

Quotes of the day 19th August 2020

Quote of the day 24th July 2020