If you’re being so cocky, I’m sure you would never type your secrets into any piece of software that auto-updates, right? After all, you’re trusting someone else not to release a software update that leaks your secrets.…
And if they’re poorly run, the company goes bankrupt or gets bought out by a stronger company. The government isn’t subject to that kind of check, except in the most catastrophic case.
Who said anything about people being infallible? Amusing to nitpick market failures when planned economies have all led to mass poverty and famine. And market economies have created, in the last 200 years, unparalleled…
You’re assuming an infinite perfectibility of human nature. The problem with government planning is that it’s removed from the best, local information and inherently has broken incentives. By the best, local information…
If you’re being so cocky, I’m sure you would never type your secrets into any piece of software that auto-updates, right? After all, you’re trusting someone else not to release a software update that leaks your secrets.…
And if they’re poorly run, the company goes bankrupt or gets bought out by a stronger company. The government isn’t subject to that kind of check, except in the most catastrophic case.
Who said anything about people being infallible? Amusing to nitpick market failures when planned economies have all led to mass poverty and famine. And market economies have created, in the last 200 years, unparalleled…
You’re assuming an infinite perfectibility of human nature. The problem with government planning is that it’s removed from the best, local information and inherently has broken incentives. By the best, local information…