Tuesday, September 8, 2009

Redistribution and a Night Out

Commenter Darrin very aptly adds:

You might also add the concept of WFB's --it's not just taking the money from A to give it to B, but in Buckley's words, the money goes to Washington and "spends a night on the town."

So Dick takes your twenty, gets a martini with it, and person B gets twelve bucks.

It's not just the transfer of wealth, but the inefficient and kleptocratic transfer that adds insult to injury.


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