What Byrne Hobart Thinks About Everything — Part Two
Village Global Podcast
00:00
The Private Sector Is Not Good at Identifying Failure
In the private sector it's really easy to fail like there are high profile failures where everyone wonders how this company raised so much money when it was office fraudulent but they're high profile failures. High profile failures for the government are often programs that still exist and are still spending money and that someone is still in charge of. So i want a lot of the crazy ideas like that that have a high risk of failure to be implemented by the private sector unless they require the kind of coordination that governments can provide - which case we should be really cautious.
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