From...Why Government Can't Run a Business

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

On...Economic History...Are We On the Right Route?

Contradictions

Economic Historian and author of the great book An Empire of Wealth recently wrote an article for Commentary. John Steele Gordon gives a brief rundown of US economic activity, mainly regarding the Democratic Party (see his book for more info) and what new Dem President Obama's plan may or may not produce. Food for thought.

See HERE.