[EM] Interesting article-- James Buchanan

Rob Lanphier robla at robla.net
Fri Mar 21 23:26:02 PST 2003


Bart Ingles wrote:

>March 2003:
>http://www.hillsdale.edu/newimprimis/default.htm
>  
>
Indeed, this is very cool. He points out the tendency of majority rule 
to lead toward unbounded bureaucracy and other government waste, and 
goes so far as to ponder the notion that the democratic cycles pointed 
out by Arrow and Black may be a virtue.

Rob





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