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communication of vital information through markets. Unfortunately, our
examples of government censorship make up a very small tip of a very
large iceberg of harmful government censorship of market information.
Other examples that we could have discussed include restrictions on
international trade, antitrust policy, legislative support of labor unions,
occupational licensing, regulations on business, inflationary monetary
policy, pork-barrel politics, the command-and-control approach to
environmental protection, takings of private property, and restrictions on
the sale of bodily organs.
ASSIGNMENTS
1. What is the reason for government censorship?
2. Do you agree with the statement that the real information age began
long before?
3. Does government censorship distort and destroy information? Why?
Picture 5.1 Government Censorship
4. What is the best way to improve education according to the author?
5. How does the federal government distort and destroy information in
agricultural sphere?
6. What does the distorted information in healthcare result in?
7. Comment the following statement:
“Improving the communication of the information of time and place
by eliminating a host of politically imposed restrictions on health
care markets would result in far better use of the medical knowledge
that already exists, and increase the information and motivation to
expand that knowledge.”
8. What are the harmful effects of government censoring?
9. Give your examples of government censoring.
10. Summarize the text.