“The more big and active the state is, the more it is worth purchasing.”
The Myth of the Entrepreneurial State, by Deidre N McCloskey and Alberto Mingardi. (page 97).
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Samizdata quote of the day – why Big Government fosters corruption editionJune 25th, 2026 |
 1 comment to Samizdata quote of the day – why Big Government fosters corruption editionLeave a Reply |
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Yes indeed.
And this is why, for example, corruption was much greater under the Roosevelt and Truman Administrations than it has been under the Harding Administration – because the government was spending much more money under Roosevelt and Truman, so there was more money to steal, and government was enacting far more edicts under Roosevelt and Truman – so there was more reason to bribe politicians and officials, and as tax rates were much higher – so creating “loopholes” was more important.
Establishment “historians” (and the establishment media) ignore all this – and stress corruption under the Harding Administration, whilst ignoring the much greater corruption under the Franklin Roosevelt and Harry Truman Administrations.