With No. 1 possibly being this one.
So, apparently the State can do little right because, apart from it being hobbled by self-interest, central planning is always inferior to the distributed intelligence of the market. Lots of individuals taking small, local decisions will allocate resources more efficiently than bureaucrats.
If this is true, then why do the likes of the Business Roundtable and their political spokespersons insist on the need for an electoral system that will provide "strong government" that can "take the necessary decisions"?