Alex Tabarrok wrote:
. . . In addition, there are serious constitutional
issues involved in opening the market to free-entry because this would
probably constitute a taking. . . .
How about this? Every day from now on, the city must auction off one
new taxi medallion, no minimum price. Does
Howdy:
Here's my justification for this question: Milton
Friedman declared on C-span that The Road to Serfdom
was the book that inspired him to become a
libertarian. So please consider the following:
In the Road to Serfdom, Hayek takes great pains to
distinguish between free vs. competitive
