Wednesday, December 10, 2008

Question for all you classical liberals...

All five of you (sorry... just a joke).

I've been pondering rent seeking and came across this:
A politico-economic system that strictly observes the rule of law would perforce ban rent-seeking.
Does that mean that classical liberals support making lobbying illegal? And that they support banning campaign contributions and therefore support publically funding campaigns? How else would one end rent-seeking?

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