Wednesday, June 22, 2011

There Ain't No Free Market

Off to accompany the troops to Chartres this morning (perhaps in the rain), but in my absence, take a few minutes to absorb Austin Frakt on one of my favorite themes: there's no such thing as "the market;" there are markets and markets, and some while others work pretty well. Same goes for government, and recognizing this insight makes so much of current debate just noisome gas.

Travel afterthought:  as a geezer traveling with teenagers, I have many occasions to wonder--are they traveling with me, or am I traveling with them?  Or, as is beginning to seem more likely, are they traveling and I trotting along behind?

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