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.
Zoning Promised Order, But Delivered Scarcity.
Texas adopted Hoover’s blueprint a century ago. Today, the bill is due in higher prices and lost liberty. Progressive-era policy rears its head in Texas housing. A century after Herbet Hoover put housing under government management, innovation has faltered, consumer choice has dwindled, and costs have exploded. Popular sentiment casts Herbert Hoover as a do-nothing,...