of the other avaricious [people] in whose companies I might invest. Running a bank, huge corporation, or other enterprise is orders of magnitude easier than governing. – Jon L. P.J. O’Rourke comment: Jon, you make a very good point. We all want government to try to make the world a better place. And, as reasonable and realistic do to succeed. Also, there are many government programs (such as policies to stem to the soaring costs of medical care and higher education) that we won’t know whether they work until we try them. On the other hand, free enterprise contains certain natural restraints that government doesn’t have. When free enterprise tries something that doesn’t work – like the Edsel – it goes away. That is, market forces make it go away. But government isn’t subject to those same market forces. If the Edsel had been a government project instead of a Ford Motor Company project, people, we shouldn’t expect every government attempt to
list. In the meantime, we do suspect that you’re right. Though we also suspect that the best “New Decade” parties are past – having happened on December 31, 2019. Probably one of those times where it’s more fun to be wrong. Re: Give, Don’t Govern
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Just because a program fails doesn’t mean government shouldn’t try to make the world a better place. Just because some wealth gets wasted in the process, doesn’t invalidate the need to dream big and try new and exciting programs. You are quick to point out that a great fund manager only needs to be “right” a little more than 50% of the time but fail to give government XLIWEQIFIRIǻXSJXLI doubt. No government gets everything right, just like no person gets everything right. I would not want to live in EGSYRXV]VYRF]/IǺ'I^SW Jamie Dimon, Lloyd Blankfein, Steven Schwarzman, or any
American Consequences
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