The prodigious media coverage of Ted Kennedy’s death has Sheldon Richman wondering why so much attention is paid to politicians, who produce no wealth but usually impede production, and so little to entrepreneurs and people in business who create wealth and bring about useful innovations. Read his piece here.
Frederic Bastiat wrote that the state is the great fiction whereby everyone tries to live at the expense of everyone else. Politicians understand that they can reap great acclaim for helping to facilitate all the redistribution that entails.
