Reblogged by Arnold Kling and Russ Roberts

Arnold Kling at his blog and Russ Roberts at Cafe Hayek reblogged my post about corporate donations to the Center for American Progress.

Roberts:

Fabulous article by Cathy Reisenwitz (HT: Arnold Kling), where she explains that corporations seek profit and one way to do that is to influence legislation. What’s interesting to me is how hard it is for some people to absorb this lesson. She does not bring in bootleggers and baptists explicitly but it’s there all the same.

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