Capitalism is the Crane-Kick to Socialism’s Cobra (Kai) Effect

HotH2OHistory.com

Capitalism is the Crane-Kick to Socialism’s Cobra (Kai) Effect

*Socialists have, and indeed will, put A LOT of people in “body bags”…

Regarding the unintended and not-so-unintended consequences of public, state action, Foundation for Economic Education scholars Antony Davies and James Harrigan discuss the Cobra Effect from colonial India, air pollution in Mexico, and oil production (or lack thereof) in Venezuela.

No time to read the whole piece? Check out the ineffable Seamus Coughlin’s great cartoon on the matter.

Give us free markets or give us death!

 

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