Even When George Will Explains Greed

…most people aren’t going to understand. That’s too bad, because if people were allowed to be greedy without limits, we’d all end up paying less.

Greed is worse than a moral defect; it is a cause of foolish pricing. That is why markets know it when they see it. And when markets are allowed to operate, greed generates its own punishment.

via Greed’s Saving Graces.