Written by Steven Greenhut for LewRockwell.com.
Whenever I speak or write about California’s pension and public debt problems, I always hear from well-intentioned, conservative- and libertarian-minded people who want me to consider their solutions. Most of their ideas – caps on this kind of spending or that, changed pension formulas, public votes, etc. – are sensible enough, but they always miss the main point.
That is, they misunderstand the nature of government. They think that government is an institution that does all these necessary things and can therefore be reformed. But government is a vast force-based enterprise designed to take as much money from the public and give as much of it as possible to the clients of government. It’s a wealth transfer and any genuine services government provides can be done better, cheaper and more humanely in the private sector.
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