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





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PJ O'Rourke, Parliament of Whores, p.3-4

"Our government gets more than thugs in a protection racket demand, more even than discarded first wives of famous rich men receive in divorce court. Then this government, swollen and arrogant with pelf, goes butting into our business", Parliament of Whores

— PJ O'Rourke


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Quotes

"It is the highest impertinence and presumption...in kings and ministers, to pretend to watch over the economy of private people, and to restrain their expense... They are themselves always, and without any exception, the greatest spendthrifts in the society", The Wealth of Nations, Book II, Ch.III

— Adam Smith



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