Krugman in good form highlighting conservatives' obsession with privatization and how it can sometimes lead to very bad outcomes. Also gives links to two great articles: (a) Economist Philippon's assertion that our free market is not that free and (b) a blast from the past: the cautionary tale of how retailer Montgomery Ward (with a cash hoard of $600M in the '50s!) went bankrupt predicting another Great Depression.
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