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Spending Other People's Money Is Inherently Corrupting

Posted By Don Boudreaux On May 19, 2009 @ 7:56 pm In Intervention | Comments Disabled

This George Will column is a must-read [1].  Here's its spot-on conclusion:

The Obama administration's agenda of maximizing dependency involves
political favoritism cloaked in the raiment of "economic planning" and
"social justice" that somehow produce results superior to what markets
produce when freedom allows merit to manifest itself, and incompetence
to fail. The administration's central activity — the political
allocation of wealth and opportunity — is not merely susceptible to
corruption, it is corruption.

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[1] This George Will column is a must-read: http://www.washingtonpost.com/wp-dyn/content/article/2009/05/13/AR2009051303014.html

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