Wednesday, March 07, 2012

The State Is a Harsh Mistress - David Masten - Mises Daily

The State Is a Harsh Mistress - David Masten - Mises Daily: The space shuttle, built by private organizations with government funding, was infamously advertised as having a payload costing solely $100 per pound.' ... 'The shuttle, in actuality, yielded a payload costing around $10,000 per pound — a sizable hundredfold increase above the expected.'

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