Many things look good on paper but in practice they are terrible. So many people fail to take into account that we live in an imperfect world when designing their “utopias” on paper.

DEADBEEF

They don’t look good on paper. They sound good on television. 

Appeals to emotion and compassion 

Sentiment cannot be the basis of public policy 


Bell_curve

econ

Remembering Nixon’s Wage and Price Controls

siggy47

On paper it looks like a great idea, just like socialism. Everything devolves when we face price controls and handouts. 