One of the greatest advantages of market solutions is not that it always picks better solutions, but that it recognizes failures quicker and better. The opposite happens in government. Self serving bureaucracies institutionalize failures. Instead of admitting failure and redeploying assets into better and different solutions we institutionalize failures and increase their funding.
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from The National Review, Matthew Continetti writes Who Rules The United States: The last few weeks have confirmed that there are two systems of government in the United States. The first is the system of government outlined in the U.S.
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from The National Review, Matthew Continetti writes Who Rules The United States: Here was a case of current and former national security officials using their position, their sources, and their methods to crush a political enemy. And no one but supporters
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from newly discovered blog Isegoria, Robert Conquest’s Three Laws of Politics Francis W. Porretto notes that Cyril Northcote Parkinson studied the same phenomenon of bureaucratic behavior: Parkinson promulgated a number of laws of bureaucracy that serve to explain a huge percentage
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from newly discovered blog Isegoria, Robert Conquest’s Three Laws of Politics Robert Conquest’s Three Laws of Politics: Everyone is conservative about what he knows best. Any organization not explicitly right-wing sooner or later becomes left-wing. The simplest way to explain the
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From John Cochrane, The Grumpy Economist, Behavioral Political Economy excerpt: People do dumb things, in somewhat predictable ways. It follows that super-rational aliens or divine guidance could make better choices for people than they often make for themselves. But how
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After a long day of helping my daughter move into her apartment in Bloomington, Indiana, before classes start we went for a late bite at Applebee’s. Apparently Indiana has a new law that EVERYONE gets carded if you order a
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