Community | August 19, 2011 | 0 comments

Economist Noted 150 Years Ago That Corruption At the Top Leads to Lawlessness By The People

I've repeatedly noted that corruption at the top leads to lawlessness by the people.

William K. Black - Associate Professor of Economics and Law at the University of Missouri at Kansas City, and the former head S&L regulator - notes that conservative French economist Frédéric Bastiat said the same thing more than 150 years ago.

Specifically, Bastiat said that corruption and "plunder" by government officials causes lawlessness among the people http://www.washingtonsblog.com/2011/08/corruption-at-top-leads-to-lawlessness.ht...
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