March 20, 2008

Believe It Or Not, Not All the News Out of Zimbabwe Is Bad

Instapundit writes:

ALEX SINGLETON: "People say that the market promotes selfishness, but it turns out that it is when things are owned collectively that greed thrives."

Before opening his hyperlink, this seems obvious as the tragedy of the commons writ large. After opening the link, well, this is a poor example to illustrate the point as the example offered suffers a bit from implying correlation equals causation.

Posted by Charles Austin at March 20, 2008 07:07 PM