Real entrepreneurs don’t take bribes from the state

The Israeli government is trying to lure back some of the hundreds of thousands of Israeli expatriates with “tax breaks, employment and small business loans.”  The campaign is set to cost $36 million a year.  Israeli politicians must realize on some level that their best and brightest citizens are leaving in growing numbers because their grant experiment in utopian socialism has turned out to be a total failure.  What they failed to consider however, is that to the extent that the campaign is successful, it is will bring back the wrong kind of people: those who value a short-term bribe over freedom and entrepreneurship unhindered by the interventionist state.

 


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