Tuesday, May 09, 2006

New York Times thinks Bolivian nationalisation isn't!

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George Reisman has blogged about the New York Times article by William Power that claims that Bolivia’s nationalisation of the gas industry isn’t really nationalisation at all. “Bolivia is just struggling for a way to make markets work.” says Powers. Nothing like confiscating 51% of a private company to make markets work.
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No doubt Matt Robson, former Progressive MP – who supports Hugo Chavez, another great confiscator and bully, and warmed to Cuba, would agree. How many Green MPs agree?

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