Why does federal aid seem to have a reverse Midas touch? Drawing on examples from the nation's past and present—from the fur trade and railroads, to cars and chemicals, to aviation and Solyndra—"Uncle Sam Can't Count” is a sweeping work of economic history that explains why the federal government cannot and should not pick winners and losers in the private sector.

 

In this episode, we bring you a presentation that was delivered as part of the 2015 Acton Lecture Series, featuring American historian Burton W. Folsom speaking on his book (co-written with Anita Folsom) “Uncle Sam Can’t Count.”

 

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

 

About Burton W. Folsom 

 

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