Economist Milton Freeman said the promotion of bad policy requires two types of advocates. “Do-gooders,” he said, act in good faith but out of ignorance in promoting counterproductive policies. The second type are the “special interest” rent-seekers, those who stand to personally profit from the scheme.
For economist Jonathan Gruber, the primary architect and intellectual godfather of both Romneycare and Obamacare, we need a new category. Gruber is a two-fer — both a do-gooder and a rent-seeker. Gruber, so far, has pocketed $6 million advising the federal and state governments on the very law he helped design.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
Already a member? Log in
