Uncle Sam Can't Count: A History of Failed Government Investments, from Beaver Pelts to Green Energy

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Synopsis
An enlightening overview of America’s misadventures in economic investment from the Revolutionary era to the Obama administration.From the days of George Washington through World War II to today, government subsidies have failed the American people time and again. Draining the Treasury of cash, this doomed attempt to “pick winners” only serves to impede economic growth—and hurt the very companies receiving aid. But why does federal aid seem to have a reverse Midas touch? In Uncle Sam Can’t Count, Burt and Anita Folsom argue that federal officials don’t have the same abilities or incentives as entrepreneurs. In addition, federal control always leads to politicization. And what works for politicians often doesn’t work in the marketplace. Filled with examples of government failures and free market triumphs, from John Jacob Astor to the Wright Brothers, World War II amphibious landing craft to Detroit, Uncle Sam Can’t Count is a hard-hitting critique of government investment that demonstrates why business should be left exclusively to private entrepreneurs.
Copyright:
2014

Book Details

Book Quality:
Publisher Quality
Book Size:
256 Pages
ISBN-13:
9780062292711
Publisher:
HarperCollins
Date of Addition:
Copyrighted By:
Burton W. Folsom Jr.
Adult content:
No
Language:
English
Has Image Descriptions:
No
Categories:
History, Nonfiction, Business and Finance, Philosophy, Politics and Government
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.

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