FT.com – We should not be saved from our stupidity

It is very hard to play the game of life – or of capitalism – when governments keep changing the rules. Which they do every time they fear that one of the players might actually be losing. It does not matter if the players’ loss is down to their own folly; the politicians still rush to turn them into winners. They do not want voters harbouring grudges. But in making sure that everyone wins prizes, they sap the very incentives that drive our social and economic progress.

via FT.com / Comment / Opinion – We should not be saved from our stupidity.

Tags from the story
, ,
Written By
More from Steve Baker
New Book Reveals the Total Cost of Gordon Brown’s mishandling of the economy as £3 TRILLION
Via the Taxpayers’ Alliance: That’s £50,000 for every man, woman and child...
Read More
One reply on “FT.com – We should not be saved from our stupidity”

Comments are closed.