Without the discipline of profit-and-loss, the desires and goals of the bureaucrats, limited only by the prescriptions and budget of the legislature, necessarily guide policy.
Pundits have labeled piggy banks small change, irrational and wasteful, “just sitting around doing nothing.” As
Why do we study history? Some study it as a way to confirm their own political
How did the US go from a nation that revered liberty to one with despotic governance?