AtomicQuote

Niall Ferguson Quote

Complexity is not cheap; on the contrary, it is very expensive indeed. The administrative state has found an easy solution to the problem of increasing the volume of public ‘goods’ without making commensurate increases to taxation, and that is to finance current government consumption through borrowing.

Niall Ferguson

Complexity is not cheap; on the contrary, it is very expensive indeed. The administrative state has found an easy solution to the problem of increasing the volume of public ‘goods’ without making commensurate increases to taxation, and that is to finance current government consumption through borrowing.

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