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Garett Jones: belief

26 Feb 2020 Conversations with Tyler Garett Jones on Democracy (More or Less)

“Bondholders can be a good check on government, just as voters can be a good check on the abuses of government itself. But giving them monopoly powers is far too much for any of the kind of governance systems we care about.”

— Garett Jones

Source trail

Everything needed to verify it.

Speaker
Garett Jones
Attribution
Verified speaker
Claim type
belief
Recorded
26 Feb 2020
Publisher
Conversations with Tyler

Transcript context

…But that’s a bit like having your government run by a bondholder, right? It’s a bit like having the bondholders be a check on the voters rather than being a 100 percent alternative to voters. That’s really the difference here. Bondholders can be a good check on government, just as voters can be a good check on the abuses of government itself. But giving them monopoly powers is far too much for any of the kind of governance systems we care about. How about a government just run by the landholders — would that lead to an optimum outcome?…

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