. . . suggests you mean eminent (rather than
imminent) domain . . .
What he wrote first was immanent, which makes
more obvious sense than either of the above. ;)
--
Anton Sherwood, http://www.ogre.nu/
In The Armchair Economist, Landsburg describes the Glum Losers auction.
The winner (the highest bidder) gets the product and everyone else pays the
amount of their bid.
Has this auction ever been used? If so, any details?
Cyril Morong
Elections and sporting events are
--- Bryan D Caplan [EMAIL PROTECTED] wrote:
What exactly is 'rectifying a conception'?
It sounds like the punchline to a very, very bad joke.
Begging your forgiveness, what I am trying to ask,
poorly, is what is the free market, how does it
differ from the competitive market as defined in
Kevin Carson wrote:
From: Bryan Caplan [EMAIL PROTECTED]
First, the roads and airports are already here, so there would not be
much of a decentralizing effect of cutting off subsidies and eminent
domain now.
But because of the effect of subsidies in distorting the market price link
