Saturday, March 19, 2011

True - Sowell Style

http://www.JewishWorldReview.com | Why are so many people who are opposed to development nevertheless in favor of "redevelopment"?
The short answer is that development involves decisions made in the market by large numbers of people in the general population, in their own personal interests, while redevelopment involves taking decisions out of the hands of the population at large and putting the power to make those decisions in the hands of elites.

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