Rejoinder to Gordon Tullock

1979-01-01T00:00:00Z (GMT) by Allan H Meltzer Scott F. Richard

If Gordon Tullock's comments were correct, they would be irrelevant. As they stand, they are both wrong and irrelevant. They are wrong for the three reasons that we discuss in the next three paragraphs. One of his mistakes is that his chart uses the wrong data, so we follow our discussion of his errors with a chart showing the data we used.