If the government restricts supply and subsidizes demand, out-of-control prices, resource shortages, and unpleasant ad hoc coping restrictions will follow. That is the natural (economic) law. The government cannot repeal it. But it can stop its attempt to plan.
The Great Automotive Deregulation?
Late last year I wrote an article for this website titled “What Has the Government Done to Our Cars” decrying the way decades of excessive regulations have changed America’s automobiles for the worse. Now, just months later, in what EPA Administrator Lee Zeldin is...
