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The Myth of Angelic Bureaucrats: Human Action without Romance
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The Myth of Angelic Bureaucrats: Human Action without Romance

Another day, another scandal. Since President Obama has taken office, government bureaucracies have taken part in systematic campaigns to silence liberty minded groups. While these partisan shenanigans are outrageous, Noble Prize winner James Buchanan explains they are to be expected.  Dr. Buchanan developed a field of economics built around the idea that bureaucrats are merely human (surprise!). In other words, bureaucrats respond to incentives.

07/30/2013