Mises Wire

The Schizophrenic State

The Schizophrenic State

Poor government. It tries to encourage hybrid cars with tax breaks and penalties. Then those cars are threatened by people using the government’s grants of artificial patent monopolies. Poor state.

The state tries to keep pharmaceutical companies from charging too-high prices for drugs like Cipro--prices which are too high because of the state’s artificial patent monopoly system in the first place; so the state threatens same companies with the loss of the state-granted monopoly if the companies actually use this monopoly when it would embarrass same state. Almost makes you feel sorry for the poor little state, don’t it? The state is all-powerful--not subject to normal laws like we are--so it should be able to have its cake and eat it too, no?

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