Thursday, March 27, 2008

Graft is How Politics Works...

...at least until this guy comes around. Ben Olken who studies graft, corruption and the politics of assassination is one of the most gifted young economists discusses why politics and graft go together like bricks and mortar for some societies. We are no exception, where throughout the 19th century Jacksonian democracy encouraged a type of nepotistic graft, as well as a type of oligarchy. This was perfectly represented by the infamous William "Boss" Tweed.

I think much of what we are seeing today is the same old oligarchy reassert itself to in their own words, "correct the excesses of democracy" which instead of translating into promoting constitutional liberty, as it should have, has translated into reasserting oligarchic control to dominate your life with restrictive orders, laws and rules. Oh joy.

"I'm the law around here see...." I cannot emphasize enough how important it is for you to watch this last link.....

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