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Episode 67: Words and Numbers Listener Special

Words & Numbers

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The Economics of Government

From economics, it's a matter of concentrated benefits and dispersed costs. If you can take a program that provides a benefit to a small number of people, the many people have no incentive to fight it. You multiply this by tens of thousands of different sorts of programs. And all of a sudden, you get this alphabet soup of agencies and departments ... I don't think political science has anywhere near a better answer."

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