Libertarian theorists like to trace social and economic problems to coercive, usually government-imposed or sanctioned interventions in the free market or restrictions on the exercise of the libertarian rights of self-ownership, private appropriation and use of material resources, and exchange by mutual consent.
The press says that the nation was transfixed by a spaceship-like balloon last week that was supposedly carrying a young child, with press and police chasing this thing for miles, but then it turned out to be a hoax. Not having been among the transfixed - I had never heard of this until yesterday - it strikes me as a testament to the gullibility of the press to have seized on this to begin with.
The problems of the American healthcare system are caused entirely by the fact that the government subjects the system to massive interventions, some of which are fascist in nature, while others are socialist.
Sometimes market actors make you wonder about the truth provided by economic theory and if it really applies to the real life market. One would think that firms competing for customers should do what they can (actually, all that they can) to provide better service at lower prices – and protect their customers from disturbances, problems, and delays.
But that does not apply to the airline industry.
