Anarcho Quotes 51269

in #anarchy • 3 years ago



"Price controls almost invariably produce black markets, where prices are not only higher than the legally permitted prices, but also higher than they would be in a free market, since the legal risks must also be compensated. While small-scale black markets may function in secrecy, large-scale black markets usually require bribes to officials to look the other way."


Thomas Sowell

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3 years ago in #anarchy by
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