by Benjamin Zycher
American Enterprise Institute
August 12, 2014
Businessmen and women ought not either apologize for responding to market forces or seek approval from the morally superior, as they never will receive it in any event. Nor should they wring their hands about high prices and profits, because their ideological opponents will not do so when they decline, as they inevitably will at various times. Market competition is the true route toward consumer protection, as anyone can see upon viewing the conditions of consumers under government “protection,” crony capitalism, and worse.

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