When government 'creates jobs' by taking money from the private sector and 'investing' in favored projects, it is not truly productive activity. Rather, the government has preempted the economic process, forbidding it to serve consumers so that it can instead serve the objectives of politicians and bureaucrats.
Sheldon RichmanWe must acknowledge, of course, that what looks like failure to us Americans outside the privileged elite may not actually be failure for our overlords.
Sheldon RichmanToday, the people who would use guns to violate rights have little trouble getting them, while those who would use them to defend their rights have increasing trouble getting them. ... Gun control is in effect a subsidy for criminals.
Sheldon RichmanThe alternative to the market process is government control, and we know where that principle leads.
Sheldon RichmanFreedom is never more in peril than when politicians feel the pressure to 'do something.'
Sheldon RichmanWhen government 'creates jobs' by taking money from the private sector and 'investing' in favored projects, it is not truly productive activity. Rather, the government has preempted the economic process, forbidding it to serve consumers so that it can instead serve the objectives of politicians and bureaucrats.
Sheldon Richman