Source: Ludwig von Mises Institute
by Joshua Mawhorter
“It has often been observed that it is good for pilots to sit at the front of the plane, because if they make a catastrophic mistake, they will be the first to hit the mountain. While this certainly does not prevent all plane crashes, it simply illustrates a true point: when people personally, immediately, and directly bear the costs of their actions and decisions, it heavily incentivizes them to be circumspect regarding whether their beliefs are true or false.” (07/31/26)
https://mises.org/mises-wire/democracy-bureaucracy-idiocracy