Why Government Is the Problem

Beschreibung

Discover why well-intended public programs repeatedly backfire and how bureaucratic self-interest shapes modern policy in this sharp critique from Nobel laureate Milton Friedman. Citizens frequently watch public institutions fail across schooling, crime control, housing, and medical care despite massive taxpayer spending. In this focused essay, Friedman demonstrates why government is the problem rather than the solution.

While private enterprise disciplines failure through financial losses, public bureaucracies expand their budgets whenever programs collapse. By contrasting private market incentives with civil service survival mechanisms, this analysis shows: - How concentrated special interest benefits impose dispersed costs on ordinary taxpayers- Why the expansion of state intervention produces unintended crises in education and healthcare- How public sector incentives reverse Adam Smith's invisible hand to serve bureaucratic expansion- Why legislative term limits offer an actionable mechanism to curb runaway state growthWritten for voters, students, and civic leaders seeking clarity on economic liberty, this monograph provides an enduring framework to understand state overreach and restore accountability.

Angaben vom Händler.