I'd like to draw your attention to a parenthetical comment made by Paul Krugman this morning on his blog. It was made in the course of a discussion of the volume of freight moved by train in the US vs. Europe.
Technorati Tags: Paul Krugman, free markets
Still, there’s an important residual difference, probably due to the U.S. absence of border issues, more market incentives (yes, markets are sometimes great — but they should be seen as a tool, not an object of religious devotion), and maybe other factors.Can I get a hallelujah?
Technorati Tags: Paul Krugman, free markets
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