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Three on dopey Liberals

"Statists rule"

Professor Peter Gordon on the questions big-government advocates never seem to get around to answering:

But missing from the discussion (almost all such discussions) is the politics. Who administers the tax? How do they choose who and how much to tax, when and where.

Public choice economics points to a non-trivial answer:  crony capitalism and the threat of regulatory capture are always in play.

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