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“
Human beings are going to make mistakes, whether in the market or in the government. The difference is that survival in the market requires recognizing mistakes and changing course before you go bankrupt. But survival in politics requires denying mistakes and sticking with the policies you advocated, while blaming others for the bad results.

— Thomas Sowell, Basic Economics (2000)

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accountabilitybureaucracyeconomicsfreedomgovernmentmarketspolitics
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Basic Economics

Basic Economics

2000 · Economics

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