"Econ 102" with Noah Smith and Erik Torenberg cover image

Europe, Immigration, and Taiwan

"Econ 102" with Noah Smith and Erik Torenberg

NOTE

Government Can Spend Money Effectively

The belief that government always wastes money is unfounded as there are numerous examples of governments using money efficiently, such as the trains in Japan, housing in Singapore, and the American interstate highway system. Government-funded projects like DARPA research for cell phones and NIH research for cancer treatments demonstrate that government can spend money effectively for the benefit of society.

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