Clearly, I am not an anarchist. Philosophically, I might be, but I think in practical terms.
James M. BuchananIf politicians get money to spend and don't have to be responsible for taxation, then of course that will bias their attitude toward more spending as opposed to cutting back on spending.
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. 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. 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. Buchanan