Saturday, October 17, 2009

The New York Yankees Welfare Check

Reason reports on welfare for the well to do:
One of the biggest things people consistently get wrong about libertarians is confusing their aversion to government interference with a desire to make rich people richer by any means necessary. In fact, something closer to the opposite is true. For a textbook case, look no further than a team scheduled to start the League Championship Series tonight: the New York Yankees.
You'll want to read the whole article. This is rent seeking gone wild.