Saturday, April 23, 2011

Public Choice Theory 101

Here's the introduction to any good public choice theory class. It explains why the recent budget "cuts" turned out to not be real cuts and why it is perfectly rational for politicians to take from the many and give to the few:

2 comments:

  1. Kristen11:34 AM

    I would like a policy that is "everyone try to be less of an ass".

    ReplyDelete

You are the reason why I do not write privately. I would love to hear your thoughts, whether you agree or not.