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Lessons From The Hoover Policy Boot Camp Discussion

Public Finance: What Is the Role of Government?

When is the role of the government justified versus not justified?


The government is justified in leading and centrally managing in the areas of national security, central banking, roads transport and infrastuctures, as well as building medical and eductional institutions/universities/laboratories. Rest, most areas are to be left to the private sector, with a minimum and only easing up monitorial role by the government.