Say that you'll never, never, never need it
One headline, why believe it?
Everybody wants to rule the world
--Tears for Fears
Evidence continues to mount that Hillary Clinton and her hubby have been huge sellers of political favor over the past decade or so. While the multi $100 million size is eye opening, that they have been sellers shouldn't be a surprise. Whenever government is capable of redistributing resources from some for the benefit of others, then markets for political favor will thrive.
As noted here, the solution is not to try to restrain the buyers of political favor. Whatever the rules might be limiting campaign contributions et al., those seeking to gain political favor will find a way to purchase it.
Instead, the solution is to prohibit government from forcibly taking property from some for the benefit of others. Then and only then would politicians have nothing to sell. The market for political favor would at that point be shut down.
Friday, August 26, 2016
Favor for Sale
Labels:
agency problem,
Clinton,
government,
intervention,
markets,
natural law,
public choice theory,
socialism,
war
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