PBR: Only as Good as the People
May 08, 2009 • by Kevin Schmiesing
What’s wrong with populism? Nothing, necessarily. But, to hazard a tautology, populism is only as good as the people. I think this territory was covered pretty well by Alexis de Tocqueville, whose view was in turn covered pretty well by Sam Gregg in his commentary of a couple weeks ago:
“The American Republic,” Tocqueville wrote, “will endure until the day Congress discovers that it can bribe the public with the public’s money.” Continue Reading...