Why Businesses Can't Stand Free MarketsVeronique de RugyBusinessWeek Dec. 27, 2010 |
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Dec. 23 (Bloomberg) -- For almost two decades, the monks of St. Joseph Abbey in Covington, Louisiana, supported themselves by making and selling unadorned handmade pine and cypress caskets. But if embalmers and funeral directors in the state of Louisiana have their way, the monks will be barred from earning a living by making coffins without a license issued by a state government board, eight of whose nine members work in the funeral industry. Business people love to say how much they cherish free markets, all the while decrying government that limits entrepreneurialism and personal freedom. But the truth is there is nothing most business people like less than free markets. Read More |