June 25, 2008
Building Brand Equity: Articles on Price Controls and Rent-Seeking

My article on price controls during and after natural disasters is today's "Daily Article" from the Mises Institute. I also have an article on rent-seeking in the latest issue of AIER's Research Reports (print only, subscription required).

Posted by Art Carden at 10:43 AM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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