Government Interventions in Markets Are Often Not Justified and Yield Dismal Results
When governments usurp the roles that are most efficiently played by markets by interfering in them, the results are almost uniformly disastrous. There are cases, usually serious, proven pollution problems, where such government intervention is advisable, but these are rarer than widely believed. A case in point is government selection of energy sources. No valid
June 10, 2016
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