Tag Archives: MIcro economics

Economics 101

The last of the free market

The streets of Budapest are teaming with homeless people. All of them at varying stages of disintegration. All this despite many draconian efforts by the city administration and the national government, who have gone as far as enacting an amendment to the substitute Constitution, effectively outlawing homelessness. But while legislatively everything was done against homelessness, at the same time maintaining a home has become ever more difficult. The rents and overhead expenses have been rapidly rising in the city.

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