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Let us eliminate bicycle theft by producing so many bicycles that nobody will perceive stealing a bicycle as an increase in wealth. We remove the motive by reducing to zero the marginal value of one more bicycle. The larger economy benefits from a similar pattern. One American living in Denmark was willing to pay 70% income tax because it bought him a peaceful life in a friendly environment. When I lived in Switzerland, I twice recovered my umbrella after accidentally leaving it on a train. That involved identifying the train and the approximate location on the train, along with choosing …

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