Quotation of the Day…

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… is from my late Nobel-laureate colleague Jim Buchanan‘s Spring 2003 article in Policy, “Public Choice: Politics Without Romance” (link added):

Public choice, as an inclusive research programme, incorporates the presumption that persons do not readily become economic eunuchs as they shift from market to political participation. Those who respond predictably to ordinary incentives in the marketplace do not fail to respond at all when they act as citizens.

DBx: In 1919 on this date, October 3rd, Jim Buchanan was born in Tennessee.