All Posts Tagged With: "fetcher bills"
Regulatory Extortion
Thomas DiLorenzo is a professor of economics at Loyola College in Baltimore, Maryland. This article is based on a presentation prepared for the Ludwig von Mises Institute’s conference, “Austrian Economics and the Financial Markets,” last September in Toronto. In 1978 Michael Jensen and William Meckling, writing in the Financial Analysts Journal, offered an extraordinarily gloomy [...]
1Mar2000 | Thomas J. DiLorenzo | 8 comments | ContinuedHigh Plains Drifters: Politicians’ Lucrative Protection Racket
Fred McChesney teaches at Cornell Law School and is the author of Money for Nothing: Politicians, Rent Extraction and Political Extortion (Harvard University Press, 1997). “Politicians are interested in people. Not that this is always a virtue. Fleas are interested in dogs.” —P. J. O’Rourke The idea that politicians sell special favors to special interests [...]
1Jan1998 | Fred S. McChesney | 1 comment | Continued-
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