Originally Posted by jondc9
barit 1:
of interest to all. from the pen of Don Phillips.
... "A private cost is shifted to a public cost," he said...
That works both ways. There was a huge public cost of CAB regulation that millions of Americans paid, but never enjoyed the benefit of.
(And the many thousand of blacksmiths and buggy-whip makers and streetsweepers displaced by Mr. Ford's Model T had their pensions funded by... Who?)
