From this excellent article in the New Yorker:
... [P]rotectionist rules flourish because the benefits are concentrated among a small number of easy-to-identify winners, while the costs are spread out across the entire population.
From this excellent article in the New Yorker:
... [P]rotectionist rules flourish because the benefits are concentrated among a small number of easy-to-identify winners, while the costs are spread out across the entire population.
2 Comments:
Abi,
Offtopic. But your feed is not working/not showing updates.
Corollary: Protectionist rules flourish because the costs are concentrated among a small number of easy-to-identify losers, while the benefits are spread out across the entire population.
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