Why Should a Failing Automaker Receive a Bailout?

Why Should a Failing Automaker Receive a Bailout?
By Wilton D. Alston

When the State keeps a poorly-run or inefficient enterprise running, it negatively affects the probability of some better approach gaining ground. When so much of the technological know-how that could be applied to new approaches is soaked up keeping a poor one running, we all lose. Simply put, it is as Manuel Ayau opines in his wonderful monograph “Not A Zero-Sum Game“: “Had we achieved job security in the Stone Ages, we would still live in caves.”

Read the entire article…

Advertisements
Explore posts in the same categories: Economy

Tags: , ,

You can comment below, or link to this permanent URL from your own site.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: