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by eru
2232 days ago
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Not sure people there have such a coherent ideology? Restaurants NOT opening when the restrictions were lifted is actually a good sign if you are interested in small government: it tells that the restrictions were most probably non-binding as a constraint. Ie they were telling people to do stuff that they would have done anyway. (Compare to eg a 0.1 dollar/h minimum wage: almost no-one would actually be at that minimum wage, so it's 'non-binding' in the same sense.) Government constraints that are non-binding or almost non-binding aren't too bad. Since they don't change market outcomes (too much). |
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