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Decade | 5 years ago

It’s not the will of the market because the people with power pass laws to funnel resources even more to people with power.

https://www.epi.org/publication/the-color-of-law-a-forgotten...

When we have developers building luxury condos amidst squalor, that’s a second-order effect of policies intended to create such contrasts. The market is constrained by the laws.

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