Size and scope

I think it was Mises who first described the loop involving public failures and government increase in size and scope. In order to fix the problems created by government intervention, politicians usually demand more powers from the people. Recent events confirm it.

Since the government, both as political administration and Federal Reserve, caused the economic and financial mess we are in, the government has to expand with more than a trillion more in debt.

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One Response to Size and scope

  1. […] I think it was Mises who first described the loop involving public failures and government increase in size and scope . In order to fix the problems created by government intervention, politicians usually demand more …Continue Reading… […]

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