We’re the only animals who cooperate across genetic boundaries, because we can track credits and debits in voluntary exchanges.
Free markets are intrinsic to the human species
Naval: Overall capitalism [meaning free markets] is intrinsic to the human species. Capitalism is not something we invented. Capitalism is not even something we discovered.… read more “Interesting Take on Capitalism”
https://nav.al/how-to-get-rich
What I have seen from almost every private equity investment is that private equity attempts to harm consumers and employees and other stakeholders to get a good return.
Private equity does things like buy Toys R Us and leverage it to the hilt, then sell it and watch as it collapses.
Private equity buys up every company in an industry niche, then engages in anti-competitive behaviors like tripling prices and cutting employee pay.… read more “Private Equity is Mostly Evil”
Predatory pricing by air ambulances must change! This is part of a larger trend in medicine to take patients for as much as possible when people are at their most vulnerable.