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The Failure of Public Works and Public Funding

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Tags Bureaucracy and RegulationEconomic FreedomHayekCalculation and Knowledge

05/30/2023John Kennedy

Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources.

Original Article: "The Failure of Public Works and Public Funding"

 

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Author:

John Kennedy

John Kennedy is a recent graduate of Hartford Magnet Trinity College Academy. Economists such as Murray Rothbard, Hans-Hermann Hoppe, and Ludwig von Mises have captured his interest in Austrian economics and inspired him to start writing.

Original Article: 
The Failure of Public Works and Public Funding