Thursday, October 14, 2010

Lists of defunct private businesses

Carpe Diem organizes these for us:



4. List of defunct airlines of the United States.

These lists provide lots of evidence of: a) the discipline of the market, b) consumer sovereignty, c) consumer greed, d) creative destruction, e) the dynamism of the U.S. economy, f) the effectiveness of the profit and loss system, g) entrepreneurship and innovation, and h) intense global competition, among others. 
And here's the list of defunct government programs:  oops, there is no list

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