What the state is doing right: Part two

What the state is doing right: Part two

You’ll hear all about it when health organisations get something wrong, as you should. They are dealing with vulnerable people and should always aim to improve. But will you hear about it when they get things right, and make things better for people?

When you look at the state carefully, you come up against an interesting paradox. The state creates markets. It does this by ensuring the private sector has strong property rights, access to justice, roads to drive on to deliver their goods, regulatory standards to increase trust, grants to fund R&D, and more. But markets, by generating surpluses which governments can tax and redistribute, create the state.

Those on the left of the political...

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