Investing in the good things

Investing in the good things government has to offer

Ben Franklin was appalled at the rent seeking he saw as an observer of British elections in the spring of 1768:

"Tis thought that near two millions will be spent in this election. But those who understand figures and act upon computation say the Crown has two millions a year in places and pensions to dispose of, and 'tis well worth while to engage in such a seven years lottery though all that have tickets should not get prizes."

(From H.W. Brands, The First American, page 407.