Tag: unfree markets

Economist Robert Wenzel: Water is Just Like Any other Commodity; If Markets Were Free, Prices Would Quickly Eliminate Scarcity

Because governments have generally taken over control of water, consumers are confused and often oblivious to the true costs of the commodity. Municipalities sometimes divert BILLIONS OF DOLLARS taken from taxpayers into water delivery systems; yet consumers view their tapwater as “free.” If private sector entrepreneurs were allowed to provide water in a free market, …

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