At this point we have all heard that the trapped miners in Chile have been rescued. Great story. But what made it possible?
Here is a great column in the Wall Street Journal that discusses how capitalism, vibrant businesses continuing to innovate, contributed to their rescue. Without the products that people produce (with a profit motive!), this rescue would never have been possible.
Daniel Henninger: Capitalism Saved the Miners
http://online.wsj.com/article/SB10001424052748703673604575550322091167574.html
Read the article quickly! The Wall Street Journal doesn't make all its columns available for free for very long.
Friday, October 15, 2010
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