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Law of Bad Ideas

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  • Law of Bad Ideas

    This is brilliant! Credit Mike "Mish" Shedlock (this guys name sounds familiar. Did he use something from EJ and not attribute it?)


    "Law of Bad Ideas: Bad ideas don’t go away until they have been tried and failed multiple times, and generally not even then.

    Corollary One: Left alone, bad ideas get worse over time.

    Corollary Two: The overwhelming desire to implement bad ideas leads to compromises guaranteed to make things worse.

    Corollary Three: Those in positions of political power not only have the worst ideas, they also have the means to see those ideas are implemented.

    Corollary Four: The worse the idea, the more likely it is to be embraced by academia and political opportunists.

    Corollary Five: No politically acceptable idea is so bad it cannot be made worse."
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