Our Enemy, the State
"Every assumption of State power, whether by gift or seizure, leaves society with so much less power."
"Every assumption of State power, whether by gift or seizure, leaves society with so much less power."
When a city is bombed, it is destroyed by people with evil intentions. When a city is subjected to rent control, it is destroyed by people with good intentions.
I will not contend that this scheme is free from all the defects inherent in government interference with economic affairs.
A thief is a thief, and all thieves impoverish their victims.
No matter how you slice it, the former Maestro spawned housing, commodity, and stock booms with his reckless policies.