Monday, December 29, 2014

Greed and Shortages

Remarkably, the shortage of milk that is shutting down Venezuela's famed ice cream shop is caused by greed.  And price-gouging.  And hoarding.  Hmmmm.....there is no international milk shortage.  And people have been greedy since...well, forever.  Something new must be at work.

Gosh, Pres. Maduro, you keep saying "greed causes shortages."  I don't think "cause" means what you think it means.  Self-interest is what supplied Coromoto with milk for all those years.  What causes shortages?  Socialism.

No comments:

Post a Comment

Do you have suggestions on where we could find more examples of this phenomenon?