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Last Checked March 3, 2023

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Fri Jan 29 17:55:58 +0000 2021

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Patrick Byrne @PatrickByrne

@conspiracymill @EvolveQuickly "Dispersed costs, concentrated benefits" is the expression for it (cf. public choice economics). Gov (reps, Senate, SEC etc.) act to create a small cost for each of many millions of people, and a big gain for a few. Those few share the gain, buy gov agents off. System ratchets. — PolitiTweet.org

Posted Jan. 29, 2021 Hibernated