A Politician's Deliberate Quest for Maximum Transaction Costs

A policymaker might deliberately seek to maximize transaction costs when they see it as necessary to achieve an overall policy goal or when they believe that adding additional expense will bring long-term benefits. For example, if a policymaker is trying to pass legislation that will bring long-term economic and social benefits, they may see it as necessary to add additional transaction costs in order to ensure that the legislation is implemented properly. Such costs may be necessary to ensure that the legislation is followed, that effective implementation processes are in place, and that proper accountability measures and enforcement protocols are established. Additionally, transaction costs may be seen as necessary for some policymaker initiatives if the initial costs associated with implementation outweigh the long-term benefits.