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The Underground Economy

  • The Underground Economy by Hans F. Sennholz

Tags Free MarketsInterventionism

07/20/1984Hans F. Sennholz

There is a bustling and shadowy world where jobs, services, and business transactions are conducted by word of mouth and paid for in cash to avoid scrutiny by government officials. It is called the “underground economy,” which is as old as government itself. It springs from human nature that makes man choose between given alternatives. Facing the agents of government and their exactions, man will weigh the alternatives and may choose to go “underground.”

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