“No doubt exists that rent seeking in general leads to serious inefficiencies in this direct sense, but its indirect damage is even worse. Drawing the bulk of intelligent and energetic people in society into activity that has no social product, or may have a negative social product, is more important in explaining the stagnation of these societies than the direct social cost of the rent seeking.” PeopleMayImportantSocialDoubtSeriousProductsCostActivityNegativeDirectIntelligentSeekingDrawingDamageNo DoubtExplainingEnergeticStagnationIndirectInefficiency Book:Government Failure: A Primer in Public Choice Source: Government Failure: A Primer in Public Choice
“A much more radical conclusion . . . that, so far as I know, is shared by only a very few students of public choice [is]: that government employees or people who draw the bulk of their income from government by other means should be deprived of the vote . . . It is another example of the opening up of alternatives for investigation and the presentation of new conceivable policy options characteristic of public choice, rather than a policy that all its students favor.” PeopleKnowsShouldMeanGovernmentChoicesPolicyExampleStudentsDrawsVoteFavorsIncomeOpeningConclusionRadicalAlternativesCharacteristicsEmployeeInvestigationDeprivedPresentationOpening UpGovernment Employees Author:Gordon Tullock
