The Public Sector Can Never be Productive
Contrary to what the public sector believes, public sector workers can never be productive. The public sector will always be a drag on the economy.
Who would have guessed it.
The government and central bank…
Inject money into the economy…
And bingo!
It creates distortions… that any sane person could have predicted.
But, governments, bureaucrats, and mainstream commentators and economists aren't sane.
Because when the distortions appear, it always takes them by surprise.
Two examples from today's press tha…
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