The “the title insurance industry” is “an obscure corner of the real estate world,” according to The New York Slimes. So it’s a measure of New York State’s totalitarianism that its tyrants stringently regulate this “corner,” especially the prices these companies can charge for their products. In fact, even the socialist Slimes admits that since title-insurance firms can’t compete via price, they do so “by dangling an array of perks for real estate developers and other mortgage-industry insiders.” Their largesse ranges from dinners at expensive restaurants to tickets for sports or cultural events to some truly over-the-top extravaganzas (such as the … Continue reading Leviathan Breaks Your Leg, Gives You a Crutch, and Then Bans Crutches