Completely Banning Private Revenue from Public Office Would Balance the Budget.
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Contemporary governance structures generate systemic incentives for rent extraction ($200B/year), regulatory arbitrage ($100B/year), suboptimal procurement ($150B/year), and legislative capture ($100B/year). Eliminating private enrichment in public office could, over a 5–10 year horizon, produce a selection effect: officeholders motivated by public utility rather than pecuniary gain. Projected fiscal relief: ~$550B annually. The proper selection effect? Priceless.
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