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Government is the Problem, not the Solution

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A nice blog at The Filter about the fact that government can not create prosperity. A good government can help create the conditions that lead to prosperity. A bad government can try to control wealth, innovation, business with the intention of making things better. History reveals this approach will fail every time in the end.

In all times and in all places there has been too much government. We now know what prosperity is: it is the gradual extension of the division of labour through the free exchange of goods and ideas, and the consequent introduction of efficiencies by the invention of new technologies. This is the process that has given us health, wealth and wisdom on a scale unimagined by our ancestors. It not only raises material standards of living, it also fuels social integration, fairness and charity. It has never failed yet. No society has grown poorer or more unequal through trade, exchange and invention.

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