Law of Economics

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[edit] The One "Law" of Economics

I have read a great deal of economic theory for over 50 years now but have found only one eonomic "law" to which I can find NO exceptions:

Where the State prevets a free market, by banning any form of goods or services, consumer demand will create a black market for those goods or services, at vastly higher prices.

Can YOU think of a single exception to this law?


taken from: Email to the universe by Robert Anton Wilson

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