"Capital is mobile. It goes where it is welcomed and stays where it is well-treated, so states compete to create tax and regulatory environments conducive to job creation. Liberals call this a "race to the bottom." Conservatives call it a race to rationality."
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"Two forms of government are favorable to the prevalence of falsehood and deceit. Under a Despotism, men are false, treacherous, and deceitful through fear, like slaves dreading the lash. Under a Democ…"
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