Thursday, January 13, 2011

Quotes of the day

“Short of aerial bombardment, the best way to destroy a city is through rent controls.”
Nguyễn Cơ Thạch, former foreign minister of the Socialist Republic of Vietnam:
"The Americans couldn't destroy Hanoi, but we have destroyed our city by very low rents. We realized it was stupid and that we must change policy."
HT: Stephen J. Smith

No comments: