I don’t think politicians relish closing down the economy, nor do I think they’ll be eager to do so in the future. For one thing, it’s contrary to their interests. They do what they do because when all you have is a blunt instrument, every problem looks like something that can only be solved with a blunt instrument.
The Psychology of Corruption
Power tends to corrupt, and absolute power corrupts absolutely. This quote, coined by the British Lord Acton during the late nineteenth century, is beloved by libertarians, and for good reason. In essence, it challenges the notion that any one person, regardless of...
