To whom it may concern:
This thread is for the discussion of Less Wrong topics that have not appeared in recent posts. If a discussion gets unwieldy, celebrate by turning it into a top-level post.
(After the critical success of part II, and the strong box office sales of part III in spite of mixed reviews, will part IV finally see the June Open Thread jump the shark?)
Simply responding with a Randian quote doesn't show that government doesn't work. Moreover, there are some things where government has worked well. At the most basic level, one needs governments to protect property rights, without which markets can't function. Similarly, various forms of pooled goods are useful (you are welcome to try to have roads run by private industry and see how well that works) But even beyond that, government policies are helpful for dealing with negative externalities. In particular, some forms of harm are by nature spread out and not connected strongly to any single source. The classic example is pollution. Since pollution is spread out, the transaction cost is prohibitively high for any given individual to try to reduce pollution levels they are subject to. But a government, using regulation and careful taxation, can do this efficiently. In some situations, this can even be done in conjunction with market forces (such as cap and trade systems). In the US, this was very successful in efficiently handling levels of sulfur dioxide. See this paper. Governments are often slow and inefficient. But to claim that well-thought out policies never exist? That's simply at odds with reality.