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| | National Emergency and the Erosion of Private Property Rights: Newsroom: The Independent Institute |
 | | When citizens were guaranteed such extensive freedom of contract, governments had little ability to fix prices and wages, restrict hours or other conditions of employment, compel collective bargaining, regulate the locations of enterprises, or set aside the terms of private agreements; nor did governments have much justification for increasing the burden of taxation. |
 | | After the end of the Korean War, even though economic and political conditions in the United States were often as normal as possible in an age of Cold War and nuclear weapons, the government continued to use a fictitious emergency rationale to augment its statutory powerand thereby to diminish the scope of private property rights. |
 | | Robert Higgs is Senior Fellow in Political Economy at The Independent Institute, author of Resurgence of the Warfare State, Against Leviathan and Crisis and Leviathan, and editor of the scholarly quarterly journal, The Independent Review. |
| www.independent.org /tii/news/870100Higgs.html (8423 words) |
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