Are there just some things the market cannot do? |
| Published: December 31, 1969, 7:00 pm |
| Tags: sport international economy |
|
Over at Brassneck I’ve been sifting through some of the themes thrown up by the state buyout/seizure of the Fanny Mae and Freddie Mac mortgage corporations in the US. As the Lex Column has noted, the US government s balance sheet is the last one left in town. The US, home of the free market and relentless purveyor of the values of Adam Smith, doesn’t always see the market mechanism as the last word in everything. Like sport for instance. [ Full article ] |
 Blog link
|
No Comments...