He calculates that the so-called Icelandic “financial elite” consisted of no more than 30 people. The new banks funded the politicians who had privatised them and global expansion came to follow...
Volume 8 in "The Selected Works of Gordon Tullock" draws from two highly acclaimed and path-breaking books by Gordon Tullock, "The Social Dilemma" (1974) and "Autocracy" (1987). In this work, Tullock...