Order and Disorder
By Arnold Kling
My latest essay:
the spontaneous order of the market can adapt to a tax relatively easily. However, when government tries to control supply, disorder emerges. Profit opportunities are created in crime and corruption. Compare the crime and mayhem in the market for drugs with that in the market for cigarettes. Or compare the disorder that resulted from alcohol Prohibition with the order that prevails today.
Bonus question: How can you apply this idea to the problem of controlling immigration?