Thursday, October 4, 2012

Thomas Sowell on Putting Decisions in People's Hands

I don't believe that professor Sowell was talking only about government with this quote.  Clearly in the world of crony capitalism history is replete with examples of "professional CEOs" who totally destroy a company's culture and profitability, essentially severely wounding or killing a once great American Company, and are then rewarded with a massive golden parachute in the millions.   It's wrong in industry and it is doubly wrong in government! 

Willie P

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