free-market

I was already 31 years old when the rip-off of Ame —>> read more –>>

iIllustration by Adam Maida in 8/21/17 New Yorker —>> read more –>>

The miracle of the automatic self-regulating market in action. During the 1930s over-production of cotton chronically ran over by 50% and more. Since cotton is a durable product all of these years of over production just swelled the mountains of cotton sitting in warehouse waiting for demand. In 1933 the cotton stored in warehouses equaled the entire world demand.