The proposal is frequently made that the government ought to assume the risks that are "too great for private industry." This means that bureaucrats should be permitted to take risks with the tax payer's money that no one is willing to take with his own.


Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics (ed. Crown Business, 2010) - ISBN: 9780307760623


The proposal is frequently made that the government ought to assume the risks that are too great for private industry. This means that bureaucrats...

The proposal is frequently made that the government ought to assume the risks that are too great for private industry. This means that bureaucrats...

The proposal is frequently made that the government ought to assume the risks that are too great for private industry. This means that bureaucrats...

The proposal is frequently made that the government ought to assume the risks that are too great for private industry. This means that bureaucrats...