Why governments' attempts to pick winners produce more losers than winners.





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"All who enter a parliament charged with responsibility of there deciding how the country shall be governed must be imbued with the conviction that the rightly understood interests of all parts and members of society coincide and that every kind of special privilege for particular groups and classes of the population is detrimental to the common good and must be eliminated", Liberalism (1927)

— Ludwig von Mises



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