MBitcoiner on Nostr: It's quite amazing that many libertarians are falling for this. There is no way to ...

It's quite amazing that many libertarians are falling for this. There is no way to make government effecient as there's no penalty for being wrong👇

"the ideal of an “efficient” government is impossible. As Mises, Rothbard, and others have explained in detail, the very characteristics that make something a government also ensure it will be terrible at allocating resources. Governments are immune from economic losses, attain capital through seizure, are often operating without a price system to guide them, and are directed by decision-makers who are institutionally protected from the consequences of being wrong."

From: https://mises.org/mises-wire/america-doesnt-need-more-efficient-government