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July 7, 2011

Bloomberg's Principles

The Future of Capitali$m
by Ira Stoll

Mayor Bloomberg has been doing a fine job of defending Walmart's right to open a store in New York City, but a New York Times news article overstates it some when it refers to Mr. Bloomberg as "a longtime defender of free-market principles." Was he defending free-market principles when he backed the use of eminent domain to seize private property for subsidized housing and a basketball arena at Atlantic Yards in Brooklyn?

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Posted by eric at July 7, 2011 11:16 AM