I disagree with one of caplan’s main points. he questions why entrepreneurs would be unable to predict government policy in the same way that they predict other dynamics in the marketplace. This is trivially obvious: government isn’t constrained by profit. There are a few ways to be profitable, but millions of ways to unprofitable.
I disagree with one of caplan’s main points. he questions why entrepreneurs would be unable to predict government policy in the same way that they predict other dynamics in the marketplace. This is trivially obvious: government isn’t constrained by profit. There are a few ways to be profitable, but millions of ways to unprofitable.