The Essence of Elections

AQQ

"Speculation is just one aspect of a market economy but it is the essence of elections."

Thomas Sowell,  Basis Economics, (2007), p. 420.

1 comment:

Jami Duvall, M. A. said...

Sowell also says: "One of the pressures on governments in general, and elected governments in particular, is to 'do something'—even when there is nothing they can do that is likely to make things better and much that they can do that will make things worse." (Ibid., 425.)