Quotes from “The Welfare Costs of Tariffs, Monopolies, and Theft”

By Gordon Tullock (1967)

• As a successful theft will stimulate other thieves to greater industry and require greater investment in protective measures, so each successful establishment of a monopoly or creation of a tariff will stimulate greater diversion of resources in attempts to organize further transfers of income.#
  PoliticsEconomics
• The problem with income transfers is not that they directly inflict welfare losses, but that they lead people to employ resources in attempting to obtain or prevent such transfers.#
  Politics