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•The lessons of history and the review of principles often lead to conclusions few wish to face: unconditional handouts without time limits more often destroy than help the character and lives of recipients; governments’ involvement is rarely effective, especially in areas where governments’ actions are not required; and they are always costly and nearly impossible to stop when the need disappears.
Why? Because the signals that inform business and individuals — if the product is unwanted or the price too high, customers simply vanish - rarely apply to governments; for beneficiaries, apparent prices are never too high, hence few benefits are rejected!
So our politicians - what is said here nevers applies to everyone, only to the majority (usually to most) - neglect history and principles - yet these are vital. Good and bad ideas, bom of the study of history and principles, are the driving force in society. Look at Karl Marx and the enormous influence his ideas exert, even when wrong.
Where, then, should we seek the long view, those principles best for the organization and functioning of society? The source is history, ancient and modem. It has much to teach: what works, what leads to disaster.
In 1990 we can add problems of economic and political decay: it does not take a scholarly researcher to
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