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July 6, 2007
Atlantic Yards House of Cards To Collapse?
Mythsmasher quotes from last weekend's NY Times article and explains that no one should really be surprised that "that rosy predictions underly this attempt to gain wealth through government rather than the market."
If you substitute government planning for the market, then you distort economic decisionmaking. It is not enough to stop legalized theft such as Atlantic Yards. Let us abandon the failed notions of government planning and subsidy of economic development.
NoLandGrab: As the government continues to support taxpayer money and government intervention in the marketplace to the benefit of one developer, Atlantic Yards continues to be an rallying cry in support of Libertarian principles.
Posted by lumi at July 6, 2007 8:28 AM