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Politics : Foreign Affairs Discussion Group
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To: Sun Tzu who wrote (215924)2/1/2007 11:32:06 PM
From: neolib  Read Replies (1) of 281500
 
There is no question in my mind that the government COULD spend it more effectively (up to a point) by using it for say, education and health care for the poorest segments of the country and by creating good infrastructure where the private sector would not.

My liberal side wants to agree, but my science side says there is a major problem with this being anti-evolutionary. Running many competing parallel experiments seems to produce better solutions. You could of course structure Government expenditures to involve lots of decentralized competing experiments, but at some point it just starts to mimic a "free market". Any claims about possible governmental effecitveness must consider the well known hazards of concentrated decision making vs. decentralized systems. The answer is far from obvious to me.
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