It is not from the benevolence of the bureaucrat that we expect our research grant or our welfare check, but out of his regard to his own, not the public interest.#Quoted in James Buchanan, Economics: Between Predictive Science and Moral Philosophy (1987)
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.#
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.#
Human beings have both an economy and a government. Social insects and other social species normally have only an economy, but no government. . . . One might say that the great flexibility which the large brain gives human beings provides problems which the government is necessary to solve. Less flexible social species can get by without it.#
This paper draws a distinction between ‘communitarian’ and ‘rationalist’ legal orders on the basis of the implied political strategy. We argue that the West’s solution to the paradox of governance – that a government strong enough to protect rights cannot itself be restrained from violating those rights – originates in . . .