Whether you focus on theory or history, the lesson is clear: government intervention in the marketplace wastes resources, harms consumers, and often achieves the opposite from its intended goal. A deregulated, lightly taxed market is the best vehicle to achieve freedom and prosperity for all.
Bringing Down the House (Price)
A decade ago, the typical Texas home value was about $181,000. Today, it’s ballooned to around $302,000. As home prices increase so too does the barrier to entry get higher. A recent study estimates it would take 7 years for a median-income Texas household to save up for a 20% down payment. But you don’t...