Free markets these days are always and everywhere under assault. Europe, China, Japan, and the United States, among others, are delving into extreme economic intervention. For whatever reason, uplifters around the globe have taken it upon themselves to meddle in people’s lives on a grand scale.
Last week, for instance, it was revealed that greater price-fixing operations are being considered. Regrettably, these plans would be more intrusive than commanding the price of Peruvian bananas or rents on New York City apartments. Continue reading