Mayor Zohran Mamdani has stated plans for five city-owned grocery stores to compete with private stores in NYC. However, as Henry Hazlitt and Frederic Bastiat before him have pointed out, the unseen costs in an initiative like this will outweigh the “seen” benefits.
IPAK-EDU is grateful to Mises Institute as this piece was originally published there and is included in this news feed with mutual agreement. Read More

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