4 ms·
> average people of the damage done by a wide range of economic policies, including bans on direct sales of autos by manufacturers, rent controls, occupational
by bediger4000 2y ago
> average people of the damage done by a wide range of economic policies, including bans on direct sales of autos by manufacturers, rent controls, occupational licensing laws, the Jones Act, prohibition of kidney sales, sugar import quotas, nationalized air traffic control, residential zoning and a zillion other examples I could cite.
Halfway through this I started anticipating indentured servitude and Food and Drug Act.
Some things that aren't Pareto Optimal/wringing every penny out of a market are good because they enable a lot of other efficiencies. I think clean air and water standards, and reliable food are some of these. Banking laws might be another.