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Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it.
Original article: https://mises.org/power-market/economic-problem-behind-zohran-mamdanis-government-grocery-plan
By Mises InstituteZohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it.
Original article: https://mises.org/power-market/economic-problem-behind-zohran-mamdanis-government-grocery-plan