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Encouraging Action A to Prevent Action A
January 16, 2008 Economic Illiteracy

The “buy local” literature is littered with doozies. Here are two more.

  1. Small business is the best way to ensure innovation and low prices over the long-term.

  2. Prevent multi-national big box stores from entering your town … because it will extract monopoly rents from us.

You can get a flavor for some of these arguments here and here. Note how full of substance they are.

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