3 ms·
If you want to look into it, the field that studies these things is called "public choice theory". It basically boils down to the fact that concentrated interes
by bobcostas55 12y ago
If you want to look into it, the field that studies these things is called "public choice theory". It basically boils down to the fact that concentrated interests can impose diffuse costs (which they partially harvest in the form of rents) quite easily.