“What price controls, subsidies, or other substitutes for price allocation do is reduce the incentives for self-rationing. That is why people with minor ailments go to doctors when medical care is either free or heavily subsidized by the government, and why farmers receiving government-subsidized water from irrigation projects grow crops requiring huge amounts of water, which they would never grow if they had to pay the full costs of that water themselves.”
— Basic Economics by #ThomasSowell