by Vince

A reader responded via Facebook to the question(s) of the weekend:

It always seems like they like to take some industry currently heavily restricted by government regulation, find some way that it’s flawed, and mark it off as a failure of the free market, and evidence that the industry needs more government intervention. Postal Service, Education, Hospitals, Banks, Automobiles, Health Insurance. These are things that started out private, and became crippled by regulation. Then they swooped in and said “oh look, it’s not functioning. The free market could never provide that functionality, so let’s have the gov’t provide it” usually shortly accompanied by entirely outlawing private industry in that sector.

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