The more the citizenry expect from the state, the more our political class will depend on ever more swollen Gulf Emir–sized retinues of staffers hovering at the elbow to steer you from one corner of the fishbowl to another 24/7. “Why are politicians so weird?” a reader asked me after the Sanford press conference. But the majority of people willing to live like this will, almost by definition, be deeply weird. So big government more or less guarantees rule by creeps and misfits.
Nobel Symposium on Money and Banking Day 2
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