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So give people the money the need to participate in the market. “Price controls are bad” doesn’t mean you give up, it means you use less distorting tactics like
by closeparen 7y ago
So give people the money the need to participate in the market. “Price controls are bad” doesn’t mean you give up, it means you use less distorting tactics like transfer payments instead.
- krastanov 7y agoI agree this is a great idea! But a large portion of the taxpayers would decry this as handouts for the lazy, so the less perfect, but more palatable solution ends up being used. Uninformed beliefs that pretend to be ethics are the roadblock to your solution, and these take a long time to be fixed.