"Government spending either is completely wasteful, merely transfers income, purchases an intermediate rather than a final good, or purchases valuable final services whose value cannot be ascertained because the transaction is not made by private parties exchanging their own resources in a market setting."

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There is a line that I always loved from Lucretius. He said, "The sublime is the art of exchanging easier for more difficult pleasures." The presumption of that formulation is that the more difficult pleasures are actually better than the easier pleasures. That is why one makes the exchange.

— Andrew Solomon