non-correlation

Reader comment on: Bloomberg on the Budget Deal

Submitted by John Gillis (United States), Aug 2, 2011 17:51

Unfortunately, entrepreneurial skill and success do not at all correlate with intellectual understanding of how markets work or understanding the morality of property rights.

Thus we have the spectacle of men such as Michael Bloomberg -- a liberal tyrant who advocates all sorts of controls on businesses and on individuals' ability to live their lives without interference from government (as in anti-salt laws, anti-smoking laws, nutrition mandates, etc.)

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