
Econ 101 teaches that government spending crowds out investment. The government should keep their hands off the market since the government always makes a mess. Sometimes, I hear people while waiting in line at the post office call the postal workers an oxymoron. If this is true, then I question the rationality of the market.
Suppose I am a government worker--a teacher perhaps. When I am off work, I am now in the private sector. Do I now act rationally? So when I am teaching, I'm a screw up, but when I'm off work, I'm suddenly a utility, hedonistic, sybarite? Since I supply labor and buy in the market, this dichotomy seems to suggest that the market isn't as efficient as economic textbooks proselytize.
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