Bureaucracies typically move slowly, clumsily, and without much regard for the wants and needs of the people they supposedly serve.
Joel MillerMarkets help people pursue their happiness more efficiently and effectively. Because they are so effective, markets provide benefits right here and right now, even while government is busy batching the protection of happiness.
Joel MillerThe government doesn't create wealth of its own; it can only take it from some and distribute it to others or dictate particular public uses of private resources.
Joel MillerAdvocacy groups, politicians, and bureaucrats use the government to advance their private good instead of the common good.
Joel MillerThink about the difference between how your local gas station and congressman respond to a spike in oil prices. One has the price placard outside changed to reflect the reality of the market within hours. The other sends out a press release, tries to organize a hearing, and at the end of amount accomplishes nothing. Meanwhile, the gas station has already made at least thirty additional adjustments to the realities of the market while your politico fails to get anything more than easy media.
Joel Miller