Can't you make the same argument for immigration and border closure? Capitalists will innovate regardless of policymaker intentions when faced with binding constraints. They don't need the constraint to be good policy they just need it to be real and costly enough.
Can't you make the same argument for immigration and border closure? Capitalists will innovate regardless of policymaker intentions when faced with binding constraints. They don't need the constraint to be good policy they just need it to be real and costly enough.