[lbo-talk] Mises Institute defends bribery

Mike Ballard swillsqueal at yahoo.com.au
Mon Aug 8 19:12:47 PDT 2005


A public bribe is different from a tax in another way. Cash bribes often play the same role as donations to political parties, or as non-cash bribes offered to politicians (by organized groups or by other politicians) in terms of future political support. There is a public choice debate on whether straight cash bribes to politicians are more or less efficient than the usual non-cash bribes.<http://www.mises.org/story/1884#_ftn6>[5] But towards state officials of foreign countries, where ordinary political participation is difficult, the case is neat: bribe them if you need to in order to do peaceful business. *******************************

A bribe by any other name : pretty much sums up (cost-efficiency aka bourgeois) democracy.

Regards, Mike B)

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