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Political “Solutions”

More generally, what is called a  “solution” in politics is often simply a patch put over problems caused by previous “solutions,” which in turn were patches put over other political “solutions” before that. What never seems to get through to many politicians, or to supporters of political interventions in markets, is that policies have repercussions far beyond the particular goals of those policies.”

Thomas Sowell in The Housing Boom and Bust

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Category: Business, Politics

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