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“I believe,” said the ghost of Christmas past the other day, “that there is nothing as tempting for the powers-that-be than to meddle with something that works well. History is littered with examples: the nationalisation of industries since time immemorial, the creation of behemoth state institutions that get bogged down into their own incompetence and have to be put down at massive public expense, and the cosy monopolies so beloved of bureaucrats (but not in the private sector, of course).”… (more)

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