Government Failure and Over-Government
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In the fifth volume of The Collected Works of Arthur Seldon, Arthur Seldon uses public choice economics research to support his theory of over-government. The term “over-government” was coined by Seldon and is defined as the failure of governments to govern well, leading the public to avoid government programs in favor of markets.
Seldon explains how the results of government programs are always at odds with what the people would have chosen for themselves, because governments se…
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