Government Vs. Private Industry

Published: September 13, 2007, 1:30 am

Tags: north dakota news cultural marxism nanny state politics

Megan McArdle: Personally, I’m on the record as believing that companies quite often do stupid things. The difference between companies and the government is that thanks to market discipline, companies that do stupid things eventually have to stop, because they run out of money. Government programs that don’t work, on the other hand, have a seemingly indefinite shelf life. The US government seems to be doing almost every stupid thing it has ever done, and to be planning to continue doing those stupid things forever. Some words of wisdom North Dakota readers may be able to relate to given that the largest chunk of our state’s GDP belongs to...the government. More by the Whistler: In fact government when it fails demands and usually gets more money and more people. For example when schools fail they demand more money. They fail again and demand and get even more money. Or the government misappropriates money that’s meant to provide safe

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