Thu, 05 Nov 2009

George Soros' think tank

There is a major flaw in Soros' justification for spending $50m on a new think-tank. He derides "unchecked free markets" when in fact no such thing exists. You either have free markets checked by customer behavior, or you have markets which have been hampered by government action so producers are free to ignore customer behavior. An unchecked free market is an oxymoron.

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