Saturday, November 12, 2005

Segregation - the rest of the story

This article points out that neither governments nor businesses are wholly good. Both need checks and balances because, ultimately, people are behind all of them and people are not always good. In fact, they are mostly good when it is in their interest to be good. Otherwise, they will tend to exploit for their own advantage unless restrained by an outside influence.

"It was politics that segregated the races because the incentives of the political process are different from the incentives of the economic process."

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