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Quotation of the Day…
Posted By Don Boudreaux On April 3, 2013 @ 7:24 am In Other People's Money,Politics | Comments Disabled
… is from page 36 of Richard E. Wagner’s and James D. Gwartney’s 1988 essay “Public Choice and Constitutional Order,” which appears as chapter 2 in Gwartney & Wagner, eds., Public Choice and Constitutional Economics :
Unless constitutional rules impose restraints, majoritarian democracy is not a move out of the Hobbesian jungle; instead it is merely a shift of the fighting to a new location.
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