Free markets, free people
“The black market is a market. There is nothing “black” about it. A black market price takes into consideration the risk. When the blackness is taken away from this market, then prices will probably drop.”
—Ludwig von Mises, The Free Market and its Enemies
A state that considers itself an upholder of freedom, must stay as far away from markets as it possibly can.
Consumers in India do not have access to the best wines in the world, the best cars in the world, the best electronics in the world. Why? Because of a stupid concept called customs duty. Customs is our states way of saying, we need protection from you evil people selling us better goods! We need protection only so that local businesses get an unfair price advantage. In the end, who gets screwed over? The “aam aadmi”!
To the State I say this: Give us roads, water and power and stay the hell out of the rest of our lives!