How can you hate the free market on a Wednesday when it is the very existence of the free market that allows you to successfully pressure for-profit entities to remove their advertising dollars from someone who says something you don’t like on Thursday?
This isn’t commentary on what was said, who said it, or whether it was right or wrong.
But doesn’t this prove (yet again) that free markets are a good thing.
…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.
See, the lower the Dow goes, the more dramatic it will be when it climbs all the way back to 8,000. Dow Falls Below 6800 – WSJ.com.
I can hear it now, “We created or saved 6,800 Dow Points today!!!”