Our readingWhat is a korrent?
Drawn from what Tyler Cowen said
government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.
A simple understanding of coalitions, political competition, and limited resources will bring you rather quickly to the conclusion that intelligent liberal elites can screw up their colonies pretty badly and in ways that can persist for decades or centuries.
Where this was said
↗GOAT: Who is the Greatest Economist of all Time and Why Does it Matter?tylercowen.com
All 25 korrents from this piecethis one is 18th
Added to korrents 2 Sept 2026 · How quotes work · Something wrong? Tell us
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