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Daily Archives: August 18th, 2010

This Week’s Ad

“Smart Government” Can Be Pretty Dumb (and expensive too)

I have repeatedly voiced my opposition to government investing in or running business ventures.  It creates all sorts of conflicts of interest, moral hazards, and opportunities for corruption.  It is also manifestly unfair to force private companies, who must get all their funding through voluntary exchange, to compete with an entity that uses force to get it’s funding.  Businesses that […]