I absolutely agree, and admire your comprehensive explanation.
While the market may sound greedy, you can't legislate away human nature. People just won't work for free.
If you also want to address inequality, then by all means implement progressive/negative income taxes. But mess with production and distribution incentives (like implementing price controls) and you have a recipe for disaster.
yes, and even more intrusive ways of addressing inequality such as subsidizing food prices with tax money can be effective without creating a perverse incentive to restrict the food supply precisely when it's most needed
While the market may sound greedy, you can't legislate away human nature. People just won't work for free.
If you also want to address inequality, then by all means implement progressive/negative income taxes. But mess with production and distribution incentives (like implementing price controls) and you have a recipe for disaster.