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Liberty in Books: Doing Bad by Doing Good, with Christopher Coyne

MAY 14, 2013 by CHRISTOPHER COYNE

Government-led humanitarian efforts have created more harm than good. Despite spending an enormous amount of resources, these good intentions are not producing their desired results. Do we need more government intervention in economic development? FEE Board of Scholars and George Mason University professor Christopher Coyne introduces his book "Doing Bad by Doing Good" where he discusses how by "doing good", government intervention produces bad results.

ABOUT

CHRISTOPHER COYNE

Chirstopher Coyne is Associate Professor of economics and Director of the Graduate Studies in economics at George Mason University. He is a member of FEE Board of Scholars, North American Editor of The Review of Austrian Economics, and co-editor of The Independent Review. 

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Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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