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Cronyism, Corporate Welfare, and Inequality

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CHAPTER

The Importance of Public Choice

The answer to cronyism is reducing government size. Public choice can almost understand that because you're right. Economists look at it and they're like, why is anybody getting out of bed? Eric Kohn: People are voting on different margins. And I think most people would say if I had to wait five hours, I might not do it.

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