Politicians and bureaucrats are no different from the rest of us. They will maximize their incentives just like everybody else.
James M. BuchananIt is much more difficult to get implemented politically what might be desirable economically. Even if you came out with an economic argument in favor of equalization - and I think there are arguments on both sides - I would still come down in favour of some sort of a scheme on strict economic grounds.
James M. BuchananAmerica is perhaps excessively mobile in the sense that there is sometimes not enough stability in communities. Dynamism in the economy is not necessarily the "be all and end all".
James M. BuchananBuilding on the public's unwillingness to act on principle in support of market solutions to apparent problems, whether real or imagined, these interest groups secure arbitrary restrictions on voluntary exchanges and, in the process, secure rents for their members while reducing both the liberties and economic well being of other members of the economic nexus, both domestically and internationally.
James M. BuchananI think the world has changed dramatically since September 11th. It should force us to recognize that we are going to have to defend the free institutions of our society against those who are simply not willing to belong to a civil order.
James M. BuchananThe assumption that we can keep societies open and free to everybody is going to have to stop. We are going to have to recognize that some people simply are not qualified and do not want to belong a civil order. Until we begin to make discrimination along those lines, then I think we are going to be extremely vulnerable.
James M. Buchanan