Who’d a-Thunk It?

by Don Boudreaux on August 19, 2013

in Crony Capitalism, Energy, Trade

A corporate CEO proclaims that his concern is for the public interest while he endorses restrictionist trade policies that would increase his own company’s profits.  (HT Mark Perry)

Alas, Milton Friedman was correct when he observed that

The broader and more influential organisations of businessmen have acted to undermine the basic foundation of the free market system they purport to represent and defend.

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