ctserf

Below is a link to a great article published from the Mises Institute entitled The Fallacy of the “Public Sector” from Murray Rothbard first published in 1961.  (http://www.mises.org/daily/5601/The-Fallacy-of-the-Public-Sector)

The article addresses: 

  1. Debunks the progressives and statists fallacy that the “Public” and Private sectors are equally productive in our economy – they are not, not by a long shot, or any shot
  2. The “Public” sector only exists at the expense of the Private sector (consumers/citizens and investors).  – a truism, no matter the civilization
  3. Government bureaucracies and lawyers do not produce any wealth for our nation – our country is awash with government oversight and litigation   
  4. “Any reduction of the public sector, any shift of activities from the public to the private sphere, is a net moral and economic gain”  said Ludwig Von Mises – true today as in 1961
  5. When our government is challenged to do better…

View original post 1,116 more words

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s