What made the Edsel so valueless and the Cabbage Patch doll so valuable? It wasn't their intrinsic worth based on factors such as production costs or the skill of the labor used in their production. Instead, it was the value placed upon them by consumers.
When Government Lobbies Itself: Why Texas Should Ban Taxpayer-Funded Lobbying
Texas local governments use taxpayer dollars to hire lobbyists to influence state legislation—creating conflicts of interest, distorting democratic accountability, and undermining the interests of Texas taxpayers. Key points: Taxpayer-funded lobbying expenditures more than doubled from the 85th to the 89th Legislature, now reaching as high as $111.5 million. Taxpayer-funded lobbyists consistently opposed legislation involving property...