Jorg Guido Hulsmann writing in today’s Mises Daily:

But it’s not sufficient that the people tell government officials what they should be doing. It is equally important, if not more important, to dictate how much money the government will have to achieve those ends. So, it is not enough to tell the government that it will only protect private property. This mandate could be pursued with $100,000 or a billion dollars depending on what the people are willing to pay. So if the budget is not controlled, a limited mandate in itself offers no limitation on taxation or how much money is spent.

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