Wealthy people generally have a pretty good handle on how to efficiently allocate capital. Unless it was inherited, most wealthy people alive today were not bor

Wealthy people generally have a pretty good handle on how to efficiently allocate capital. Unless it was inherited, most wealthy people alive today were not born that way. Government agencies and politicians have proven, by and large, to be incredibly inefficient allocators of capital. When the bloated arm of government expands into an area that's already well-served by markets, it impedes economic growth.