Wicksell's old-fashioned liberalism is reminiscent of John Maynard Keynes' attitude toward conscription during World War I. Keynes opposed conscription, but he was not a pacifist. He opposed conscription because it deprived the citizen of the right to decide for himself… — Mancur Olson Copy Share
Wicksell's old-fashioned liberalism is reminiscent of John Maynard Keynes' attitude toward conscription during World War I. Keynes opposed conscription, but he was not a pacifist. He opposed conscription because it deprived the citizen of the right to decide for himself whether or not to join in the fight. Keynes was exempt as a civil servant from conscription; so there is… — Mancur Olson Copy Share
Unions are for 'collective bargaining,' not individual bargaining. It follows that most of the achievements of a union, even if they were more impressive than the staunchest unionist claims, could offer the rational worker no incentive to join; his individual efforts would not have a noticeable effect on the outcome, and whether he supported the union or not he would… — Mancur Olson Copy Share
A small group is powerful in matters relating to a particular industry, because then it is normally the only organized force, but it is less formidable when questions which divide the entire nation are involved, for then it must take on organized labor and other large organized groups. The business community in the aggregate is for this reason not uniquely… — Mancur Olson Copy Share
If the state, with all of the emotional resources at its command, cannot finance its most basic and vital activities without resort to compulsion,… — Mancur Olson Copy Share Image
“To say a situation is ‘lost’ or hopeless is in one sense equivalent to saying it is perfect, for in both cases efforts at… — Mancur Olson Copy Share Image
Just as there can be little doubt that labor unions are a significant political force, neither can there be much question that this political… — Mancur Olson Copy Share Image
The money our society spends goes to appease those with power. As such, it goes mainly to those who don't need it. A nation… — Mancur Olson Copy Share Image
