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Thomas Sowell

“Treating the causes of higher prices and higher interest rates in low-income neighborhoods as being personal greed or exploitation, and trying to remedy it by imposing price controls and interest rate ceilings only ensures that even less will be supplied to people living in low-income neighborhoods thereafter.”

Thomas Sowell, Basic Economics: A Common Sense Guide to the Economy
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Basic Economics: A Common Sense Guide to the Economy Basic Economics: A Common Sense Guide to the Economy by Thomas Sowell
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