People Love Saying Government Should Be Run Like A Business, Says Economist Justin Wolfers, Just Not Like 'The Sopranos'

March 30, 2026 - 04:54

A prominent economist has offered a sharp critique of the common political refrain that government should be operated like a private enterprise. Justin Wolfers, a professor at the University of Michigan, acknowledged the popularity of the idea but cautioned against a simplistic interpretation.

"Lots of people say we ought to run the government like a business," Wolfers stated. "Just not like the business in The Sopranos." His colorful analogy highlights a fundamental difference in purpose and accountability. While businesses primarily focus on profit for shareholders, governments are tasked with providing public goods, ensuring justice, and protecting the vulnerable—objectives that do not always align with financial efficiency.

Wolfers' comments arrive amid ongoing discussions about federal workforce morale and effectiveness. A growing body of data suggests significant challenges within the civil service, including issues with engagement and retention. This context underscores the complexity of public administration, where success metrics extend far beyond the balance sheet. The economist’s point emphasizes that citizens expect their government to operate with integrity and a commitment to the common good, principles that should define its operations more than any corporate model.