Exactly. They will never resolve that issue until they look at the real reasons behind it. In Basic Economics, Sowell does a good job breaking down the damages crime does to businesses and why businesses charge more
In the book the he was directly referencing what the locals on Kentucky called a “hillbilly tax” from what I remember. It was more so drawing a parallel between high crime urban areas and high crime rural areas. It was part of a section that also showed that black people didn’t own businesses in black neighborhoods because black people kept stealing from the black businesses until they went bankrupt and then only heavily racist immigrants started businesses and charged a surplus.
My favorite one is the constant crime-food desert- taxpayer funded socialist startup food “haven”- collapsed due to constant crime- food desert cycle
Exactly. They will never resolve that issue until they look at the real reasons behind it. In Basic Economics, Sowell does a good job breaking down the damages crime does to businesses and why businesses charge more
He also talked about the “hillbilly tax” high crime rural areas in black rednecks and white liberals I believe
Oh yea! I know that book was criticized on other points but I have always enjoyed his economic analysis
I thought Sowell liked "hillbillies" for their independence & self sufficiency? He does despise liberals of all colours, of course!
In the book the he was directly referencing what the locals on Kentucky called a “hillbilly tax” from what I remember. It was more so drawing a parallel between high crime urban areas and high crime rural areas. It was part of a section that also showed that black people didn’t own businesses in black neighborhoods because black people kept stealing from the black businesses until they went bankrupt and then only heavily racist immigrants started businesses and charged a surplus.