Economic, Financial and Political Analysis

Tag: Hayekian knowledge

Government Angels would still fail

Government Angels would still fail

By on May 15, 2010 in economy, Government, knowledge with 0 Comments

Steven Horwitz has an interesting article dealing with government failure. He maintains that while evil or incompetence on the part of politicians and bureaucrats is sufficient to cause government failure, neither is necessary. That is, government officials can be both well-intentioned and highly competent and still fail in their duties. His point turns on the [...]

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