The Fate of the Little Post Office
One of the most famous criticism of public institutions, one for which some people got the Nobel Prize, is that no one can determine for sure if they should exist, grow or remain small. There is no way to tell. A majority's decision isn't going to work since sometimes majorities pursue trivia. Nor will wise people help because they are just as much seduced by power as anyone. Collective choices are always somewhat crazy, in short. Consider PBS and NPR. Hardly anyone pays attention to these elitist, non-democratic public institutions, yet many defenders of liberal democracy are loyal to them … Continue reading The Fate of the Little Post Office
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