Jim Manis on Most Anything

Jim Manis can formulate an opinion about a good many things, including those about which he has little knowledge. (And some dude named "Lazlo.") Visit The MagicFactory.

Friday, March 27, 2009

The Beauty of the Free Market:

Private enterprise is always superior to government. So let's turn government institutions into businesses. They'll run efficiently. They'll make money. Everyone will be better served.

Thus the mantra of the right for decades, and now it is all unraveling. Nowhere in the U. S. has this philosophy proven more obscene than in Luzerne County, Pennsylvania, where hundreds of children were sold into slavery by judges receiving kickbacks from companies who ran youth prisons for profit. (See John Schwartz story in today's New York Times.)

Sounds like a chapter in an economics textbook to me.

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