FreedomTalks

Manuel F. Ayau writes about Guatemala’s upcoming election today.  Twice in one essay Ayau explains a central idea of public choice economics.  First he writes,

“Even though voters go to the polls every four or five years with hopes raised that an honest, capable person will come to power and preside over a more just society, they are always disappointed.  Changing managers without changing managers without changing the institutional framework is like changing the driver when a car keeps breaking down.”

Later he concludes,

“No matter who wins the election on Nov. 4, the country is not likely to change until the constitution recognizes that individual rights are superior to what politicians identify as the public good.  Until then, there will always be a reason to strip owners of their property in the name of collectivism.”

Amen to that.

This entry was posted on Monday, October 22nd, 2007 at 2:29 pm and is filed under 2008, Elections, Property Rights. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.