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Source link: http://archive.mises.org/6950/woodss-law-cited-in-india/

Woods’s Law Cited in India

August 7, 2007 by

Although not generally a vain person, I once named a law after myself: according to Woods’s Law, “whenever the private sector introduces an innovation that makes the poor better off than they would have been without it, or that offers benefits or terms that no one else is prepared to offer them, someone — in the name of helping the poor — will call for curbing or abolishing it.”

A Calcutta newspaper cites my law here, in the course of a discussion of Wal-Mart’s potential effect on India’s poor.

{ 5 comments }

N. Joseph Potts August 7, 2007 at 10:10 pm

Sure would make ME vain, if I weren’t already.
Let the law be quoted again and again, near and far and, more important, be heeded.

Brent August 7, 2007 at 11:01 pm

Cool. I thought Jon Stewart said something about Thomas Woods the other night, too, but I couldn’t really tell because the segment moved so fast.

LukeM August 7, 2007 at 11:47 pm

^ Yeah, I saw that, too, Brent. I think he mentioned him during or just before he had that legal scholar on to talk about the US Government and secrecy laws?

翻译公司 August 8, 2007 at 9:19 am

May I thanslate it into Chinese?

Tom Woods August 8, 2007 at 9:35 am

I guess you would have to ask them.

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