“…. democratic politics tends to concentrate benefits and disperse costs, so t

“…. democratic politics tends to concentrate benefits and disperse costs, so that politicians in both parties face very strong incentives to promise current and future benefits without regard to the costs of those promises.

Boettke. Hoppe by less antagonistic means. 🙂


Source date (UTC): 2013-10-20 10:39:00 UTC

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