FedEx CEO Attacks Public School Monopoly

Frederick Smith says that the public school monopoly tends “to gravitate to the lowest common denominator.” In my opinion, Frederick Smith was courageous to say the things he said. There are two reasons for my opinion. First, despite the popular myth about them and the free market, businessmen and entrepreneurs are often more interested in gaining government help than in winning in a free market environment. For some, a monopoly is what they aspire to become once they get successful enough to Read more […]

Does Post Office Bankruptcy Forewarn of Healthcare Debacle?

Employing over a half million people and operating the world’s largest vehicle fleet, the United States Postal Service is the country’s third largest employer. The only other two employers that are bigger are our own grandiose Federal Government and of course Wal-Mart. While the Postal Service does get small subsidies, they are mostly funded by shipping and handling charges and stamp sales. Of course, they also sell insurance if you want to make sure that your letter or parcel is delivered to the Read more […]