The #1 Government Expense in the 20th Century

Written by Gary North on December 22, 2011

When we think of the cost of government, we think “taxes.” The better-informed person adds “regulations.” The very well-informed person adds “recession and inflation.” This is chump change. The heaviest costs are war and genocide. When governments kill legally innocent people by the millions, they destroy productivity. Nothing matches this destruction of value. The 20th […]

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