Why governments' attempts to pick winners produce more losers than winners.
"In spite of its alluring name, the welfare state stands or falls by compulsion. It is compulsion imposed upon us with the state's power to punish noncompliance. Once this is clear, it is equally clear that the welfare state is an evil the same as each and every restriction of freedom."
— Wilhelm Roepke (1899-1966, German opponent of totalitarianism and architect of post-war recovery)
