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





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Bill Vaughan

"Money won't buy happiness, but it will pay the salaries of a large research staff to study the problem."

— Bill Vaughan


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"A sagacious legislator of a republic, therefore, whose object is to promote the public good, and not his private interests....should concentrate all authority in himself", Discourses on the First Ten Books of Titus Livy (1514)

— Niccolo Machiavelli



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