Mises Daily
Author:
Christopher Westley
Online Publish Date:
we should support. Time also exists to tell us what we should think about their policies, especially when they contradict our “shared” aspirations. The magazine (think Philip Morris and the Altria Group ) use such regulatory capture to reduce competition, make market entry more difficult, and gain market power — all at the out, as Ludwig von Mises reminded us in his classic essay , “Middle-of-the-Road Policy Leads to Socialism” — a must-read for anyone concerned about the full effects