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Uncle Sam Can't Count: A History of Failed Government Investments, from Beaver Pelts to Green Energy

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An enlightening overview of America's misadventures in economic investment from the Revolutionary era to the Obama administration.

From the days of George Washington through World War II to today, government subsidies have failed the American people time and again. Draining the Treasury of cash, this doomed attempt to "pick winners" only serves to impede economic growth—and hurt the very companies receiving aid. But why does federal aid seem to have a reverse Midas touch?


In Uncle Sam Can...