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They would be efficient if they would be purely formally rational,
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but they are not.
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And one good example is welfare bureaucracies,
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which do establish a kind of patron-client relationships
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between bureaucracies and clients.
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Some people refer to this as welfare dependency,
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which makes it, of course, a cause of inefficiency.
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Well this is a nice question to answer,
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and we discussed this a great deal.
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We know that charismatic leaders appear in times of crisis,
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when people are looking for a change. Right?
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So Barack Obama, during the presidential campaign,