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Quotation of the Day…

Posted By Don Boudreaux On November 7, 2013 @ 8:01 am In Crony Capitalism,Politics | Comments Disabled

… is from page 194 of Robert Cooter’s 2000 book, The Strategic Constitution [1]:

Legislation often begins with a preamble stating a high purpose and then proceeds with pork-barrel provisions in the main body of the law.  Thus the general purposes stated in the preamble have no real connection to the legislation’s substance.

Members of genuinely reality-based communities recognize this reality of legislation and of the politics that produces it.  The Fair Labor Standards Act, for example – while sporting a fine-sounding title – is, in substance, shabby interest-group legislation [2] that has nothing to do with making labor standards “fair.”

(Although it’s behind a paywall, my 2001 review of Cooter’s Strategic Constitution is here.) [3]

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[1] The Strategic Constitution: http://www.amazon.com/Strategic-Constitution-Robert-D-Cooter/dp/0691096201/ref=sr_1_7?s=books&ie=UTF8&qid=1383829088&sr=1-7

[2] shabby interest-group legislation: http://cafehayek.com/2013/10/bonus-quotation-of-the-day-20.html

[3] my 2001 review of Cooter’s Strategic Constitution is here.): http://aler.oxfordjournals.org/content/3/2/368.extract

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