Who Should Be Compensated?

From: JC Sent: Sunday, March 19, 2017 4:35 PM To: Walter Block; walter block; Walter Block Subject: Supply Management Hi Dr. Block, Can you recommend any articles on the merits of the government NOT buying back quotas from dairy or other supply managed industries? Thanks, JC Dear JC: Sorry, I can’t. I’m not an agricultural economist, so I’m not familiar with that literature. However , in my view, this is sort of like paying off taxi companies who purchased monopoly positions in that industry. From a libertarian point of view, not only should they not be compensated when their monopoly … Continue reading Who Should Be Compensated?