Rent control limits quantity/quality of housing 93 % Tariffs and quotas reduce economic welfare 93 % The United States should not restrict employers from outsourcing work to foreign countries. 90 % Floating exchange rates are effective international monetary policy 90 % The United States should eliminate agricultural subsidies 85 % The gap between Social Security funds and expenditures will become unsustainably large within the next fifty years if current policies remain unchanged 85 % Large federal deficits adversely affect the economy 83 % Welfare should be administered as a negative income tax 79 % A minimum wage increases unemployment among young and unskilled workers 79 % Taxes and permits are a better way to control pollution than pollution ceilings 78 %
Looking back on some arguments about what "mainstream economists" believe, I marvel at how small a "mainstream" can be.
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