There is a great article by John Steele Gordon in this mornings Wall Street Journal titled Why Government Can’t Run a Business.

Gordon is the author of Empire of Wealth an excellent book that explains how capitalism has worked  for the United States.  I used a Herbert Hoover quote from the book for the Weekly Maxim in November 2006.

One of my favorite quotes from this article is:  “Capitalism isn’t perfect. Indeed, to paraphrase Winston Churchill’s famous description of democracy, it’s the worst economic system except for all the others.”

Read this article:

http://online.wsj.com/article/SB124277530070436823.html