There is a laughable myth that government can be run just like a business. That managers who are good at making profits can just easily run a successful government. It is laughable because those who get lucky enough to succeed in a business think that they know how to solve society's ills.

Governing is hard. Really hard. But it's easy to be a monopolist. In fact, if you fail at being a monopolist, you should be sterilized. Most businesses operate to get as close to a monopoly...