106: A Politician Receives No Financial Gain for Good Policy or Punishment for Bad Policy

Democracy and Power 106: A Politician Receives No Financial Gain for Good Policy or Punishment for Bad Policy

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
– Thomas Sowell

In a democracy, a politician does not have an ownership interest in the state. There is no financial gain for wise policy decisions. Nor financial loss for bad decisions.

A politician’s rewards are immediate – power, prestige, and perquisites.

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3 comments

  1. No nieźle. nie wiedziałem że tak można. Ja natomiast wole obejżejć troche dobrych seriali i filmów online.

  2. This blog is great. Very developing and inspiring.

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