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