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Though popular, nationalizations ruin economies
When governments seize private firms in the name of nationalization, the moves are usually politically popular. However, it doesn't take long for the nationalized firms to turn into a financial black hole.
Original Article: Though popular, nationalizations ruin economies
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By Mises Institute
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When governments seize private firms in the name of nationalization, the moves are usually politically popular. However, it doesn't take long for the nationalized firms to turn into a financial black hole.
Original Article: Though popular, nationalizations ruin economies
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