Saturday, July 30, 2005

What is government anyway? A parable from Singapore :: Marginal Revolution

Last week Tyler Cowen was in Dubai where he wrote on Dubai as a shareholder state.

This week he's in Singapore which has him asking:

When we do public choice theory, is it really the government we are criticizing? Or is our true target something like "excessively large land parcels," regardless of their historical origin?

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