The Sky Is Falling
Governments are in the flimflam business.
Pared down to the bare essentials, governments can be very useful in passing and enforcing a small number of very basic laws. These laws should be limited to policing those who would seek to aggress against others, or their property. Governments may also have a value in providing protection from invasion – organizing an army of able-bodied people to address this collective problem, if and when it occurs.
And that’s about it. Beyond that, the private sector can, and almost always does, do a better job at virtually everything else. Therefore, a government should be small, cost very little to run and do as little as possible.
But since a government already exists, why not have it do more? Why not assign to it some of those tasks that tend not to attract businessmen?
Well, the simple, but almost universally little-understood, reason is that governments do not actually produce anything. They are, in fact, a parasitical construct that consumes money but creates nothing of worth.
Unlike businesses, they don’t operate on a profit basis. In fact, few politicians or civil servants have any grasp of the concept that prosperity is only created when someone invests his money in a venture, creates a profit and saves or re-invests the difference.
Although this may seem like a harsh criticism, it’s borne out by the fact that all governments consume money and are more wasteful than any business would be. Worse, politicians and civil servants typically fail entirely to understand that this is a fundamental problem.
And, yet, like all people, people in governments wish to personally advance, both in position and financial worth.
And here is where the perennial bugbear of governments appears.
Since governments, by rights, should never expand unless absolutely necessary, and since this is never enough for those who people any go
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LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.