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How politicians destroy entreneurship & beneficial profit-seeking

John Goodman writes:

One reason why entrepreneurs do what they do is that they want to become rich. I don’t think that getting rich is the main motivation. The possibility of innovating in order to change the world may be an even stronger desire for most of them.

But you can almost guarantee there will be no entrepreneurship if you do two things: (a) eliminate all possibility of getting rich, and (b) make it impossible to change anything without the approval of an intractable bureaucracy.

That in a nutshell is my explanation for why our two most visibly dysfunctional social systems — health care and public education — remain so dysfunctional.

via Why Profit Is Our Best Friend | John Goodman’s Health Policy Blog | NCPA.org.