OUR OPINION — Ease rules on owning pharmacies
February 21, 2011 at 6:45 pm in Grand Forks Herald
In modern America, where the benefits of competition are so obvious and the drawbacks of monopoly power are so clear, protectionist policies have become harder and harder to justify. Continue Reading
Bravo Tom! Exactly. In a capitalistic society the risks of the marketplace are great, but so are the rewards. You cannot have one without the other. I have no doubt that if this bill becomes law, some pharmacies will close; not the ones in small towns, but the ones in larger cities like Grand Forks and Fargo. When the market changes, entrepreneurs either adjust or go out of business. That is not an aberration or something to be avoided. That is how the marketplace works. If you want the benefits of capitalism, you have to accept the downside. Like they taught me in ECON 101: There is no such thing as a free lunch.
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Sometimes one pays most for the things one gets for nothing.
~ Albert Einstein
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“to be young and not be liberal is to have no heart, to be older and not be conservative is to have no brain”. Winston Churchill
This Churchill quote is pertinent to this article because its fiscally conservative and free market people who think this article might be true. I find the older I get, the more fiscally, not socially, conservative I get.
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