We may all agree that big government is a problem: it has caused all sorts of intended and unintended consequences around the world including a dubious collusion between big government and big business.
However, in reality, a global economy has run on big government. Consequently, in order to survive and prosper on the global stage, one can’t undermine the powerful nature of the government apparatus.
When government intervention becomes a source of corruption, pursues the benefit of special interests, and chases short term gains to the detriment of the long term economic health, then irrespective of what government system a country has, it would run into deep trouble.
Public policies matter, but only when they are crafted for the benefit of the general public and future generations.
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