When I said “better than nothing” I was referring to advice, not the actual actions taken. My background is in economics so I’m quite familiar with both dead-weight loss of taxation and public choice theory, though these days I lean more toward Bryan Caplan’s rational irrationality theory of government failure.
I agree that nothing is often a good thing for governments to do, and in many cases that is the advice that Cabinet receives.
When I said “better than nothing” I was referring to advice, not the actual actions taken. My background is in economics so I’m quite familiar with both dead-weight loss of taxation and public choice theory, though these days I lean more toward Bryan Caplan’s rational irrationality theory of government failure.
I agree that nothing is often a good thing for governments to do, and in many cases that is the advice that Cabinet receives.