Ep 22 | Voters Are Ignorant & Politicians Are Selfish | Guest: Dr. Edward Lopez
Economist Dr. Edward Lopez joins Matt Kibbe to discuss the fundamental insights of Nobel laureate James Buchanan and his public choice theory, namely that politicians are just as self-interested as anyone else. Lopez goes on to explain why government assistance programs so often fail, why elected officials don’t keep their promises, and why some regulations actually benefit the corporations they are supposed to restrain.
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Show Notes
Economist Dr. Edward Lopez joins Matt Kibbe to discuss the fundamental insights of Nobel laureate James Buchanan and his public choice theory, namely that politicians are just as self-interested as anyone else. Lopez goes on to explain why government assistance programs so often fail, why elected officials don’t keep their promises, and why some regulations actually benefit the corporations they are supposed to restrain.