Wednesday 17 August 2022

Home-Owner-Ism and rent seeking taken to its logical conclusion

Excellent article about a specific case from the BBC with lots of gory details.

Worth reading in full, there's no point me summarising.

2 comments:

Lola said...

The end game of all the money printing/subsidy/cronyism/regulationism etc etc

Mark Wadsworth said...

L, yup, rip off taxpayer, let down those they were paid to support, then leverage the unearned profits to produce an up front capital gain.