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Quotation of the Day…

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… is from page 123 of Thomas Sowell’s splendid 1981 volume, Markets and Minorities: When the government chooses between policy A and policy B, it is making a choice in which the personal interests of the decision-maker are involved. Rewards for both elected and appointed officials – whether in money or in kind – come from increasing the demand for their services. If policy A will achieve a certain result largely through the individual efforts of the citizens themselves, and policy B requires the presence, activity, and visibility of politicians, clearly it is to the politicians’ advantage to advocate policy B. DBx: So true. But I wonder if we can find a current real-world example of the manifestation of this political bias. I wonder where we might look for such a thing…. Anyone have

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… is from page 123 of Thomas Sowell’s splendid 1981 volume, Markets and Minorities:

Quotation of the Day…When the government chooses between policy A and policy B, it is making a choice in which the personal interests of the decision-maker are involved. Rewards for both elected and appointed officials – whether in money or in kind – come from increasing the demand for their services. If policy A will achieve a certain result largely through the individual efforts of the citizens themselves, and policy B requires the presence, activity, and visibility of politicians, clearly it is to the politicians’ advantage to advocate policy B.

DBx: So true. But I wonder if we can find a current real-world example of the manifestation of this political bias. I wonder where we might look for such a thing….

Anyone have any ideas?

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Don Boudreaux
He is a professor of economics at George Mason University in Fairfax, Virginia. Previously, he was president of the Foundation for Economic Education.

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