Mises Daily
Author:
Murray N. Rothbard
Online Publish Date:
back from grievous losses in World War II to astound the world by producing innovative, high-quality products at low prices, are serving as the convenient butt TV sets to Americans for a penny apiece. Shouldn’t we rejoice at such an absurd policy of suffering severe losses by subsidizing us, the American consumers? And as Sony is willing to virtually give their sets away? Well, surely, the sensible policy for RCA, Zenith, etc. would be to hold back production and sales until Sony