You can get a coalition of senators from particular states in America, for example, who want to construct highways or dams or ports which may well be very inefficient. The taxes would be paid by the people over the whole country, but the benefits would go to the few people in those particular locations. This type of spending is a rather gross waste of resources that worsened over the years as the government has been allowed to do more particularized things.
Clearly, I am not an anarchist. Philosophically, I might be, but I think in practical terms. - James M. Buchanan
Clearly, I am not an anarchist. Philosophically, I might be, but I think in practical terms.
- James M. Buchanan
Politics is a romantic search for the good and the true and the beautiful. - James M. Buchanan
Politics is a romantic search for the good and the true and the beautiful.
If politicians get money to spend and don't have to be responsible for taxation, then of course that will bias their attitude toward more spending as… - James M. Buchanan
If politicians get money to spend and don't have to be responsible for taxation, then of course that will bias their attitude toward more spending as…
We try to prevent the creation of artificial rents. Rather than setting up quotas to stop imports we levy a tariff, that would be better. Or we pay w… - James M. Buchanan
We try to prevent the creation of artificial rents. Rather than setting up quotas to stop imports we levy a tariff, that would be better. Or we pay w…
I think the world has changed dramatically since September 11th. It should force us to recognize that we are going to have to defend the free institu… - James M. Buchanan
I think the world has changed dramatically since September 11th. It should force us to recognize that we are going to have to defend the free institu…
I have long been in favor of a balanced budget restriction at the level of the federal government of the United States. Because the federal governmen… - James M. Buchanan
I have long been in favor of a balanced budget restriction at the level of the federal government of the United States. Because the federal governmen…
The assumption that we can keep societies open and free to everybody is going to have to stop. We are going to have to recognize that some people sim… - James M. Buchanan
The assumption that we can keep societies open and free to everybody is going to have to stop. We are going to have to recognize that some people sim…
Rent control is one policy that economists universally would oppose. It is a grossly inefficient way of allocating housing space and, of course, it i… - James M. Buchanan
Rent control is one policy that economists universally would oppose. It is a grossly inefficient way of allocating housing space and, of course, it i…
You can get a coalition of senators from particular states in America, for example, who want to construct highways or dams or ports which may well be… - James M. Buchanan
You can get a coalition of senators from particular states in America, for example, who want to construct highways or dams or ports which may well be…
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