“It was not the idea of the eighteenth-century founders of modern constitutional government that a legislator should represent, not the whole nation, but only the special interests of the district in which he was elected; that was one of the consequences of interventionism. The original idea was that every member of the legislature should represent the whole nation. He was elected in a special district only because there he was known and elected by people who had confidence in him. But it was not intended that he go into government in order to procure something special for his constituency, that he ask for a new school or a new hospital or a new lunatic asylum—thereby causing a considerable rise in government expenditures within his district. Pressure group politics explains why it is almost impossible for all governments to stop inflation.”
— Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises
https://a.co/dpy6iwa
jon
npub1wtf…jjv2
2024-04-27 23:50:40
Author Public Key
npub1wtfnlhvhvm90lgsgyd6cu82tj3v429y7qkuu54srwzxpefppc2zq3cjjv2Published at
2024-04-27 23:50:40Event JSON
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"content": "“It was not the idea of the eighteenth-century founders of modern constitutional government that a legislator should represent, not the whole nation, but only the special interests of the district in which he was elected; that was one of the consequences of interventionism. The original idea was that every member of the legislature should represent the whole nation. He was elected in a special district only because there he was known and elected by people who had confidence in him. But it was not intended that he go into government in order to procure something special for his constituency, that he ask for a new school or a new hospital or a new lunatic asylum—thereby causing a considerable rise in government expenditures within his district. Pressure group politics explains why it is almost impossible for all governments to stop inflation.”\n\n— Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises\nhttps://a.co/dpy6iwa",
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