Jul 2, 2007

e-rooster blog: Big Governments, Big Errors

America's founding fathers were thought to be against big governements. They held that a necessary evil of government is corruption, and the greater the government the more extensive the corruption. The role of the state should be to regulate the operation of the free market, and act as the enforcer to punish those who break the law, also deterring others from breaking it.

Much later Milton Friedman stipulated that "government is the will of the individual to live at the expense of others". Taken literally this may seem somewhat excessive. But in countries with large governments it is surprisingly accurate: individuals expect the government "to take care of things", and the perenial complaint is that the "government should do something". Government becomes the deus ex machina that will save us all by remedying problems through bloated, expensive bureaucracies...
Please read entire article at the e-rooster blog


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