Source: Adam Smith Institute
by Tim Worstall
“The more economic democracy we have then the more it is politics that determines who is allowed to do what. Access to that decision making process thus has a higher value, more cash is offered for it. More simply, the more politicians decide the more valuable paying politicians is. Humans do more of things that are more valuable — economic democracy thus means more political corruption. The method of beating this is to make bribing — sorry, paying cash for access to — politicians not worth the game. Less politics in economic decision making that is.” (02/11/26)
https://www.adamsmith.org/blog/its-easy-to-reduce-corruption-cut-government