It would seem that the premise that holds government as a “good” is firmly lodged in the consensual mind. So much so, that when reading news sites, blogs, magazines and newspapers, one cannot escape a rather absurd prejudice: that government should solve the very problems that it created. Personally, I put this proposition at par with the notion that flame throwers should be used to put out fires.

 

Here, I consider the validity of the premise that says; ‘government is good’. In particular, I express my misgivings with the notion that government intervention can solve governmental failures. Finally, I explore the tendencies for a growing government and the implications for the contrarian investor.

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