- Cafe Hayek - http://cafehayek.com -
Wal-Mart, You ARE Doin’ a Heckuva Job!
Posted By Don Boudreaux On August 26, 2011 @ 11:56 am In Civil Society,Complexity & Emergence,Dinner Table Economics,Wal-Mart | Comments Disabled
This report opens with a photo of the invisible hand rarin’ to go to work . (Perhaps it’s too much to note the symbolism of the invisible hand being detained, if only for a while, by agents of the state.) Note that Steve Horwitz (GMU ’88 or ’89 [Steve: remind me]) is quoted to good effect in this report. (HT Craig Kohtz, who correctly notes that “this has The Price of Everything  written all over it.”)
All of which raises the question: when you and your neighbors are homeless, hungry, and thirsty following a natural disaster, would you prefer to rely upon the devotion to public service that allegedly motivates FEMA workers, or to rely upon the devotion to their own self-interests that undoubtedly motivates executives, workers, and suppliers of private companies such as Wal-Mart and Home Depot?
Article printed from Cafe Hayek: http://cafehayek.com
URL to article: http://cafehayek.com/2011/08/wal-mart-you-are-doin-a-heckuva-job.html
URLs in this post:
 This report opens with a photo of the invisible hand rarin’ to go to work: http://www.npr.org/2011/08/26/139941596/big-box-stores-hurricane-prep-starts-early?ps=cprs
 The Price of Everything: http://www.amazon.com/Price-Everything-Parable-Possibility-Prosperity/dp/0691135096%3FSubscriptionId%3D1YNZ339ZCHHAKYFSY702%26tag%3Dinvisiblehear-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D0691135096
 Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2011%2F08%2Fwal-mart-you-are-doin-a-heckuva-job.html&Title=Wal-Mart%2C%20You%20ARE%20Doin%27%20a%20Heckuva%20Job%21
 Tweet: https://twitter.com/share
Copyright © 2011 CafeHayek.com. All rights reserved.