Why governments' attempts to pick winners produce more losers than winners.
"But the general welfare must restrict and regulate the exertions of the individuals, as the individuals must derive a supply of their strength from social power."
"The parties of special interests, which see nothing more in politics than the securing of special privileges and prerogatives for their own groups, not only make the parliamentary system impossible; they rupture the unity of the state and of society", Liberalism (1927)