Bonus Quotation of the Day…

by Don Boudreaux on November 12, 2016

in Legal Issues

… is from page 99 of Arnold Kling’s excellent new book, published this year, Specialization and Trade: A Re-introduction to Economics:

imagesGovernment enforcement of the basic social rule puts the rulers in the position of deciding what constitutes cooperation and what constitutes defection.  It is always tempting for a government official to reward mere personal loyalty as if it were social cooperation and to punish dissent as if it were social defection.


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