Foundation for Economic Education » Dice Rolled with Government Takeover of GM

Dice Rolled with Government Takeover of GM

Posted By Sheldon Richman

“President Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive.” (New York Times ^[1], Monday)

Betting other people’s money is exciting!

FEE Timely Classic
“Can Government Deliver the Goods?” ^[2] by Hugh Macaulay

Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/dice-rolled-government-takeover-gm/

URLs in this post:

[1] New York Times: http://www.nytimes.com/2009/06/01/business/01auto.html?_r=1&hp

[2] “Can Government Deliver the Goods?”: http://www.thefreemanonline.org/featured/can-government-deliver-the-goods/

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