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





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Frédéric Bastiat, The Law (2)

"When under the pretext of fraternity, the legal code imposes mutual sacrifices on the citizens, human nature is not thereby abrogated. Everyone will then direct his efforts toward contributing little to, and taking much from, the common fund of sacrifices. Now, is it the most unfortunate who gains from this struggle? Certainly not, but rather the most influential and calculating", The Law (1850)

— Frédéric Bastiat


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Quotes

"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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