It is well-known that bureaucracies, especially governmental bureaucracies, have an unparalleled ability to suffocate innovation. Perhaps not as well known is the ability of those same institutions to ignore systematically well-documented, empirically supportable precepts about how the world really works.
Dick Armey
Dr. Dick Armey, U.S. Congressman from Texas, was formerly chairman of the economics department at North Texas State University. He is a distinguished adjunct scholar of the Mises Institute, and a member of its advisory council of public officials.
