Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: brownsfan
So you're telling me that the oil companies are raising prices purely for our own good? That they are just trying to be sure we all have enough?

Of course not. They're doing it because it's in their best interests. But the *effect* is exactly that it allocates the limited supply to the most valuable uses. Textbook Adam Smith.

45 posted on 09/01/2005 11:44:29 AM PDT by ThinkDifferent (That's great. What?)
[ Post Reply | Private Reply | To 35 | View Replies ]


To: ThinkDifferent

"Textbook Adam Smith."

Adam Smith was a man. Man = falible


50 posted on 09/01/2005 11:49:13 AM PDT by brownsfan (It's not a war on terror... it's a war with islam.)
[ Post Reply | Private Reply | To 45 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson