Nassim Nicholas Taleb:
“Money made THANKS to office is rent-seeking. A former president/PM/official making money from book contracts, lectures, or from “friendly corporations” they helped is THEFT from the public.
As bad as it may look, making money BEFORE office is vastly less distorting.”
Annrhefn responding to Taleb:
“What’s more galling about left wing millionaires is that they are near universally public sector made millionaires. Have any of these welfare bums ever created their own business? (Taxpayer subsidized think tanks or NGO’s don’t really count.) Pigs at the trough.”