Replies

Levin is entitled to his opinions, but some are ill-informed, despite that he is bright and prides himself on his intellectual accuracy. The free-market is never really 100% free, because we have laws and rules that define acceptable human behavior. In a 100% ‘free’ market, with no restrictions and no rules, nothing a company does would matter - as long as it made them more competitive. No loyalty to employees? So what. It's about competition. Slave labor? So what? It's all about reducing costs. Patents? Who cares? If you can make it cheaper who cares whose intellectual property it is? These are extreme examples, but my point is that there are always rules and regulations that guide the ‘free’ market, to preserve the rights of the companies/entrepreneurs and of the employees and consumers. The best we can do is to make these things as unobtrusive as possible.

....”prides himself on his intellectual accuracy”....

I am 51 years old....I know people that have Doctorates in extremely hard fields and i know people that barely made it through high school....The most intelligent and pure photographic memory people i know are not intellectuals....America does not run on intellectuals. In the Navy, i knew a country boy from east Texas that was pretty much the smartest person i ever met. I was in a very technical field and his reasoning and recall was nothing short of amazing. Levin is not in his league and many others.