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#1 FTA: Once the state gets into the business of conferring monopoly power on its favorite wards, the level of discretion it exercises becomes subject to powerful political influences.
That has been, is, and will be a problem in any political organization, whether it's a monarchy, dictatorship, republic, or fraternal organization. It is not a modern problem.
Posted by Anguper Hupomosing9418 2012-03-06 12:40||
#2 OOh an almost Georgist article in Hoover... Makes a change from their normal "capitalism except where it doesn't suit us" articles.
Posted by Bright Pebbles 2012-03-06 19:59||