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





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Wilhelm Roepke (9)

"The ordinary man is not such a homo oeconomicus, just as he is neither hero nor saint. The motives that drive people toward economic success are as varied as the human soul itself."

— Wilhelm Roepke


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Quotes

"A wise mind will never censure any one for taking any action, however extraordinary, which may be of service in the organizing of a kingdom or the constituting of a republic", Discourses on the First Ten Books of Titus Livy (1514)

— Niccolo Machiavelli



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