Milton Friedman No Free Lunch In Capitalism
THE INTELLECTUAL DARK WEB PODCAST (HOBBES + LOCKE + ROUSSEAU + US CONSTITUTION in ONE SINGLE BOOK)
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The Power of Special Interest
If you are engaged in a venture in the private market and you undertake a project, it is a failure. The only way you can keep it going is to dig into your own pocket. On the other hand, suppose you start exactly the same enterprise in the government sector with exactly the same prospects of success or failure. And if it then fails, you have a much better alternative. You can always say, oh, we ought we know this r we really should have done this on a bigger scale. It wasn't on a big enough scale. And so to coin different other aphorism, if a private venture fails, it’s closed down. If a government venture fails,
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