It is rightfully said that, if the American economy is the 7th Wonder of the World, then American economic ignorance must be the 8th. Furthermore, the current (Keynesian) system is nothing but backdoor centralized planning (aka communism). — jtl, 419
But what if these lands were somehow removed from federal control. What exactly would happen?… It is often assumed that public lands would be immediately strip mined or turned into housing developments… The economic realities, however, suggest otherwise.
by Gor Mkrtchian at Mises Wire
Protected public lands in the United States — including national forests, national parks, and similar areas — cover nearly 500,000 square miles, or 14 percent of the land area of the United States. The existence of these government-controlled lands gives the federal government immense power over much of the United States, and in some US states, the federal government controls a majority of the land area.
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