‘Cash for Clunkers’ was de facto taking of property

By: David Ziemer September 30, 2009

The Cash for Clunkers program has come and gone, and like most, if not all, government interferences in the market, its primary effect has been to transfer wealth from the poor and powerless to the wealthy and influential. Consider its effect on a friend of mine, a young woman who, like most young people, doesn't have ...

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‘Cash for Clunkers’ was de facto taking of property

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