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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

The economist James Buchanan said, “If men should cease and desist from their talk about and their search for evil men and commence to look instead at the institutions manned by ordinary people, wide avenues for genuine social reform might appear.” What did he mean?

To determine

Explain Buchanan’s statement.

Explanation

The two sectors, public and private sectors, have different institutional arrangements and the people are different in both sectors...

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