Flint Expatriates: free-market economics

Showing posts with label free-market economics. Show all posts

Monday, March 3, 2008

Free-Market Mediocrity

Many Americans embrace free-market economics. They argue that if consumers were allowed to pick and choose unfettered by unions, government regulations, and social engineering, the best and the brightest would naturally emerge and our great nation would flourish as never before!

I could attempt to make an elaborate economic argument to counter these claims. I could even break out a few charts and graphs. But I have an easier method to show that consumers don't always make rational decisions. Allow me to present one simple fact:

Semi-Pro was the number one movie at the box office this weekend.

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