All tagged Basketball
What we should focus on is not policy that is interventionist or otherwise, for the sake of it, but rather policy that engineers fair, competitive arenas for firms to succeed or fail.
It isn’t just our national finances that can ill-afford such populist measures, it is our entire development path. Can we come together to better understand our elite social terrain, and make moves towards a more sustainable future?
Even if you make it through to the third round and come back from three games to nothing to tie it at three to three, the same habits that led you to lose extremely winnable games throughout the playoffs will come back to haunt you in high-pressure situations.
Therefore, it’s never “only the private sector should be in business” or “the government should always intervene in business”. Reality is far more complex and there are certainly pockets of market failures where the government does have a more direct role in economic activities.