Free Cities Foundation on Nostr: When traditional governments intervene in the market economy, their actions have ...
When traditional governments intervene in the market economy, their actions have unintended consequences that usually lead them to intervene further. This creates a cycle of ever-greater interventionism that is ultimately unsustainable.
Our new paper argues that Free Private Cities provide a solution by changing the way public services are funded and altering the way governments can operate within society.
Recommended reading for those interested in the economic foundations of Free Private Cities.👇
Our new paper argues that Free Private Cities provide a solution by changing the way public services are funded and altering the way governments can operate within society.
Recommended reading for those interested in the economic foundations of Free Private Cities.👇
quoting note1qk6…k79eWhen governments rely on taxes to fund services, they have no rational way of deciding how much to spend. This leads to the misallocation of resources and cycles of interventionism.
Our new article explains how Free Private Cities can solve this problem: https://free-cities.org/free-private-cities-a-market-oriented-solution-to-the-problems-of-government-intervention/