King Rat (gkr) wrote,
King Rat
gkr

Eco 200: give and take

(individual) Evaluate the following quotation: What the government gives it must first take away! — John S. Coleman

While not everything has a legal property right, everything is effectively owned by someone, even if just the first person who can get to the property to use it. If the government grants a right to someone, either they already have it, or someone else does (or someone else will be prevented from acquiring it first). So granting it to one entity takes it away from other entities.

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