The Ethos of Economics with John Cogan and Kevin Warsh | Peter Robinson | Hoover Institution
Uncommon Knowledge
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Government Interviewing - The Compounding Effect
In our framework, there is a bright dividing line between what governmental functions are and what private business functions are. And so often in government, when government steps in to interfere in a market on behalf of a particular participant, that has a compounding effect. So it's very important to have this separation between the two and to try to maintain as best you can the separation.
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