Tag: Friedman

  • The Fallacious Romance of Politics with the Concept of Public Interest

    The Fallacious Romance of Politics with the Concept of Public Interest

    The theory that there exists a thing called „public interest“ is a fallacious belief based on a romantic idea of political man. In truth, the overwhelming evidence shows us that governments are more likely to fail than markets, and when they do, the consequences of their failure are more catastrophic. Political man vs. economic man…