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Quotation of the Day…

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… 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 [2]:

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.