If you stop almost anyone on the street and ask them how they feel about bureaucracy or government efficiency, they are likely to tell you that they dislike bureaucracy and that government efficiency is an oxymoron. You don’t have to be a regular reader of LRC to have these feelings – they are pervasive. Yet, bureaucracy and government inefficiency persist. Sure, there are countless reforms, but they always seem so complex to me. The simplest solution – opening the industry up to the free market – is almost always avoided, ignored, and ridiculed. Case in point: The new National Institutes … Continue reading Complexity in Government vs. Simplicity in Market