Why We Need Less Bailouts and More Failure

We've nationalized companies in the US before, but usually it's in response to something that's gone fundamentally wrong with the industry. In the case of TSA or airport security, your profit motive is in direct opposition to the social good and that is keeping dangerous people off of planes. And so it probably makes sense for that to be a highly regulated or government controlled entity. I would argue that we need less bailouts and more failure.