Quote of the day
What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
Gordon Tullock
Born: February 13, 1922
Died: November 3, 2014 (aged 92)
Bio: Gordon Tullock was an economist and professor of law and Economics at the George Mason University School of Law. He is best known for his work on public choice theory, the application of economic thinking to political issues.
Known for:
- The Rent-Seeking Society (2005)
- The social dilemma (1974)
- The organization of inquiry (1966)
- The Economics of Politics (2005)
Gordon Tullock Quotes