I've linked a new editorial from John Steele Gordon, a very keen economic historian who've I featured here before. He gives a very tight rundown on why Government and Business operations always fail in the long run. I would love to revisit this piece say ten or twenty years from now and see how GM or Chrysler are doing. It is amazing how people are so afraid of things doing what they are designed to do (The Market that is). His point about politicians & headlines is very strong. "We must do something!" "They want to do nothing!" "How dare they!"
WHY GOVERNMENT CAN'T RUN A BUSINESS
You can't know how or why
3 weeks ago
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1 comment:
Hi, nice blog about business, good question arising in your mind, I think Govt and private sector, both are different mythology for running a business like operating a business, incentive and monopoly....more information about click.Cheap 1800 numbers
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