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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label public property. Show all posts
Showing posts with label public property. Show all posts
Thursday, November 15, 2012

Quote of the Day: On Public Property: Ask Not, How You Can Pursue What Government Tells You is Good

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Under the institutions of public property, property is held (the use of things is controlled) by political institutions and that property ...
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