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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 growth

Written for voters, students, and civic leaders seeking clarity on economic liberty, this monograph provides an enduring framework to understand state overreach and restore accountability.

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 growth

Written for voters, students, and civic leaders seeking clarity on economic liberty, this monograph provides an enduring framework to understand state overreach and restore accountability.

Über den Autor
Milton Friedman, recipient of the 1976 Nobel Memorial Prize for economic science, was a senior research fellow at the Hoover Institution from 1977 to 2006. He passed away on Nov. 16, 2006. He was also the Paul Snowden Russell Distinguished Service Professor Emeritus of Economics at the University of Chicago, where he taught from 1946 to 1976, and a member of the research staff of the National Bureau of Economic Research from 1937 to 1981.
Details
Erscheinungsjahr: 1993
Genre: Importe, Politikwissenschaften
Rubrik: Wissenschaften
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9780817954420
ISBN-10: 0817954422
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Friedman, Milton
Hersteller: Hoover Institution Press
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 238 x 156 x 8 mm
Von/Mit: Milton Friedman
Erscheinungsdatum: 01.02.1993
Gewicht: 0,058 kg
Artikel-ID: 121056223

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