- Milton Friedman asked, “Who makes the decisions?” Well, in some cases, the government:
- The only entity capable of serving and protecting individual liberty, as in defense.
- The administration of justice.
- The maintenance and oversight of federal infrastructure: roads, waterways, parks, etc.
2. How about the question of air flight, certainly a benefit to modern life....how successful was government in the development of this endeavor?
Where would the invention of the airplane be without the input of government? What better reason for government taking a role in the private economy than the invention airplanes?
Sort of.....
3. On May 6, 1896, Samuel Langley launched is miniature plane, the "aerodrome." And Alexander Graham Bell was right there to take a photo of the inaugural flight. He went on with another successful test in November of '96. "I believe that the results already accomplished...make it as nearly certain as any untried thing can be, that with a larger machine of the same model, to a carry a man, or men....flight could be maintained for at least some hours."
Russell J. Parkinson, "Politics, Patents, and Planes," (Ph.D. dissertation, Duke University, 1963),p. 178-179
4.Now, the search for the cash to build it! But Langley was not in favor of "commercial strife," and on February 15, 1898, when the USS Maine blew up in Havana harbor...he pitched the idea to the government as having military value.
5. Believe it or not....the government hesitated! Having been burned via the subsidies to the Union Pacific Railroad, and the same to the Collins steamship line, politicians actually had doubts about government's ability to pick winners and losers with federal aid.
If only that were true today!
a. " When government tries to pick winners and losers, the inevitable consequence is corruption. Yes, corruption. If not in a legal sense, certainly in a moral sense.... the Solyndra deal. .... Something obviously smells rotten when $500 million in loan guarantees go to a single business with clear political connections. "
Government Picking Winners and Losers Corruption Gary Johnson
b. " The inexcusable failure of intellect of the Liberal is in attributing to bureaucrats the talents of wisdom, patience and the capability of all discernment, when history has never indicated same. Where, one should ask, were officials actually able to determine solutions the ancient and heretofore ineradicable problems of unfairness, poverty, greed and envy?"
David Mamet, "The Secret Knowledge."