An unfair and out-of-balance online journal dedicated to seeking truth, and finding fact at West Virginia State University.
Showing posts with label subsidies. Show all posts
Showing posts with label subsidies. Show all posts
Sunday, November 7, 2010
Friday, August 22, 2008
Freedom to fail

by Steve Greenhut
I love cars, but I also love it when the market weeds out the lousy carmakers.
Being a libertarian, I'm often accused of being pro-business, which is absurd. I'm a believer in free markets, and an essential tenet of free-market thinking is that businesses must be free to fail if they are insufficiently responsive to the needs of the consumer. I love it when lousy businesses fail. Unfortunately, politicians from both parties often try to use taxpayer subsidies and government-enforced protections to help out their favorite businesses or to keep them from falling into the "wrong" hands.
For more on this commentary, go to LewRockwell.com
Wednesday, August 20, 2008
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