Failing to Learn the Lessons of History

01 Jul 2025 1 Comment

by Jim Rose in applied price theory, economics of bureaucracy, entrepreneurship, income redistribution, industrial organisation, labour economics, politics - USA, Public Choice, public economics, unions, urban economics

Plenty of people have commented on New York City mayoral candidate Zohran Mamdani’s proposal to lower food prices by creating city-owned grocery stores, but there is still more to be said about this plan. Mamdani either thinks or believes that voters think that store owners are making huge profit through … Continue reading →

Failing to Learn the Lessons of History

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