Thursday, October 06, 2011

Competitive Markets vs. State Oligopolies

Here's what happens to prices (and consumer value) in a competitive market:

And here's what happens in sectors where the state tries to make things more affordable.

Or how about this one:


Note that the Feds began their big time 'reform' agenda for schools starting in the 70s accelerated it in the mid 80s and then reignited 'reform' during late Clinton and Early Bush.  And test scores?  Flatter than a pancake.

Everything the Feds touch turns to shit.  Everything.  Hattip Hattip Carpe Diem

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