Economics is all about incentives. A few weeks ago, Houston held a "gun buy-back" event. It was intended to get guns off streets by paying gun owners to turn over their guns to the local law enforcement. We can argue about the philosophy behind gun control but that's not what this post is about. Instead, understand that someone went out of their way to create 3D printed guns, bring them to the event, and sell them to law enforcement for $3,000. Not too long after that, the Federal Government decided to subsidize up to $20,000 of student loans for graduates making under $125,000 pe
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