Mises Daily
Author:
Austin White
Online Publish Date:
a severe drought, and the local government has instituted water-rationing policies. Each household is permitted to use only a certain low amount of water each of Arlen, randomly checking meters and cracking down on those who defy the policy. Rationing is a very typical measure imposed by central planners ignorant of Examples include businesses lobbying for tariffs to protect them from foreign competition (at the cost of domestic consumers having to pay more for goods),