It seems fairly obvious that it would not. It is very hard for a large business to remain a dominant player without gifts from the government. Big business is not enamored with the free markets libertarians advocate. In a free market big businesses are constantly sniped at by smaller but more nimble competitors. Smaller newer companies are hungrier and usually have newer equipment. They often have fresher personnel. Free markets make life hard for big business.
Attached is a a bit of market based white lightning. It’s not for everyone.
“Damn, it feels good to be a crony…”
Who would have thought? New Jersey cops issuing questionable citations just to increase revenue.
We have reported on the cozy relationship the website Think Progress has with this White House in the past. I think that it can be fairly said that TP is pretty much a propaganda vehicle. Basically an outlet of gussied up talking points for the #oldmedia to regurgitate. It certainly is not a legitimate news source. (As the below report from The Daily Caller illustrates.)
On illegal immigration I am of mixed opinion. On the one hand I believe that someone who is willing to work hard and to contribute to society and the economy, who is looking to make a better life for him or herself and his or her family is someone we should welcome to our country. We should respect the pursuit of happiness.
On the other hand we should also respect the rule of law, and for good or ill, we have immigration laws in this country.
When it comes down to it Hollywood wants to make money. Sure it may rail against “capitalism” and “greed” and the town may be full of people who would swear that they are anything but capitalists. But it costs money to fill swimming pools and party in “The Hills.” And so the movie industry has largely abandoned the once Golden State.
Before Katrina nearly wiped the place clean from the map no one had much of a shot in New Orlean’s public schools. As in many big cities, especially in the south, minority students were locked into perpetually failing schools. Hopeless is probably not too strong a word.
In the wake of the storm the city tried something new. It embraced charter schools. Results are starting to come in nearly a decade into the experiment, and they are strikingly good. Test scores have improved dramatically and the country increasingly is looking to the city for ideas.
In the wake of the housing crash, wide swathes of the desert Southwest, Florida, Atlanta, parts of California, and other places were littered with relatively new homes which were empty. The pre-seeded lawn turf often hadn’t even taken root before the foreclosures began.
Each vacant home represented a personal economic disaster for someone. Families moved in with grandparents. Pets were left in shelters which were filled far beyond capacity. It was only a couple of years ago. For many the memory is still very fresh.
But at about the same time parts of Tuscon started to be reclaimed by tumbleweeds a few hedge funds (and banks) figured that there was yield to be made from renting the homes which were now unused back to the people who could no longer afford to own them. If the homes could be pooled along with the rents, perhaps the investments could even be sold as derivatives.
Market solution right?