zerohedge.com / by Daniel Mitchell via The Foundation for Economic Education / Feb 14, 2017 4:50 PM
Since I’m always reading and writing about government policies, both in America and around the world, I’m frequently reminded of H.L. Mencken’s famous observation about the shortcomings of “tolerable” government.
If you take a close look at the world’s freest economies, you quickly learn that they are highly ranked mostly because of the even-worse governments elsewhere.
Even places such as Switzerland have some misguided policies.
But there’s a silver lining to this dark cloud. The incompetence, mendacity, and cronyism that exists all over the world means that I’ll never run out of things to write about.
So let’s enjoy a new edition of Great Moments in Foreign Government.
We’ll start with the utterly predictable failure of an entitlement program in the United Kingdom.