Skip to content

Artificial Quote by James M. Buchanan

“If you create an artificial scarcity through public policy, artificial…” quote by James M. Buchanan
Download Open image
“If you create an artificial scarcity through public policy, artificial rent so to speak - setting up a new import quota or giving out a particular office that is very beneficial - people are going to invest money, time and resources in trying to secure that opportunity. If the value is created independently of the search for it, the search for it is wasted.”

James M. Buchanan

3.5 out of 5 (8 ratings)

More by James M. Buchanan

Explore all 27 James M. Buchanan quotes

More Artificial quotes

Browse all 723 Artificial quotes