This odd mix of rising prices and three months of vacant inventory being ransacked by squatters is not how markets work, unless government is involved.
This odd mix of rising prices and three months of vacant inventory being ransacked by squatters is not how markets work, unless government is involved.
Government Recycling Programs Waste Valuable Resources
Market prices tell us how people want resources to be used. Government recycling programs ignore these important signals.
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.