Psst! Wanna buy a bridge for cash?

posted by
October 25, 2011
Foundation for Economic Education
by Wendy McElroy  
Posted in Commentary

"A Louisiana law that took effect in August seeks to prevent the sale of stolen bridges by outlawing cash transactions in used goods. Secondhand dealers are also required to record the IDs of all buyers. On its surface Act 389 addresses a real and growing problem. As the recession deepens and the prices of commodities soar, the theft of goods -- like copper from construction sites -- has increased dramatically and everywhere." (10/25/11)  

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