By G. Tullock

ISBN-10: 9401572534

ISBN-13: 9789401572538

ISBN-10: 9401572550

ISBN-13: 9789401572552

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As a particular illustration of this, the Reagan camp was rather scientific in its approach to information and commissioned a number of polls to find out what people think. They discovered that most people thought that during the Nixon and Ford administrations, and for that matter during the Eisenhower administration, not only was the President Republican but Congress was, too. As a result of this, the Reagan camp put in hand a program to convince the voters that Congress has been Democratic since 1954.

The agreement is made and the bill benefiting D passes with the votes of B, D, and E, and on the following day the bill benefiting E passes with the votes of C, D, and E. The net result of this is, of course, that everybody has the same amount of money that they entered with. As we shall see below, this is not too bad a description of what happens in actual government transfers except that government transfers normally involve at least some dissipation of resources so everybody, in fact, is worse off at the end of the game.

They are defending themselves against the transfers. In the Tulsa, Oklahoma, case the result was inefficient, but there are no doubt cases in which similar logrolling leads to the construction of projects whose value is greater than their cost. I suspect, for example, that that is true of much of our road net. In any event, I leave to the reader the decision as to whether such activity is a transfer or not. There are, in essence, three categories of transfers. An activity of the government that raises the wealth of some citizens for producing nothing of economic value or, as in many cases, actually lowering total production.

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Economics of Income Redistribution by G. Tullock


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