11-14-2018, 03:44 PM
(11-14-2018, 08:59 AM)Jester Wrote:(11-11-2018, 03:53 PM)GhastMaster Wrote: Someone pointed out to me the reason big money wins so much. Lets say a corporation wants a $100,000 government contract. That cost spread across a large population. Individuals may see very little cost to them. The incentive for an individual citizen to fight is very low, but the corporation has a lot to gain. Unfortunately stacking contracts or regulations ends up costing a lot. This concept is not new or mind blowing, but it does well to illustrate something we all know.
It was a pretty novel idea when Mancur Olson came up with it back in 1965. But it's such a classic, that it's now just passed into conventional wisdom.
-Jester
Thanks you. I'm adding that to my list of books to read.