If politicians really want to help citizens, they should brush up on the laws of supply and demand.
by Veronique de Rugy
Reason.com
Have you ever wondered why it seems like some places have a high concentration of elected officials with little to no economic knowledge whatsoever? I have. While I don’t have a solution for this deficiency, I’d like to highlight one city in particular where this seems to be the case: San Francisco.
The COVID-19 pandemic now underway in the United States is, of course, wreaking havoc throughout our economy. Fortunately, entrepreneurs and corporate managers have been trying to figure out how to transform their operations in order to keep their businesses afloat. Thank goodness for the profit motive!