Stamping Out Misinformation
4 December 2007
Editor, The Wall Street Journal
200 Liberty Street
New York, NY 10281
To the Editor:
Opposed to privatizing first-class mail delivery, Edwin Andrews asks "How do you suppose rural locations will be served by a company"that is interested solely in the bottom line?” (Letters, December 4).
Is this question serious? Firms in the private sector earn higher profits the better they are at discovering cost-effective ways of meeting consumer demands. For example, Wal-Mart got its successful start by creatively figuring out how to serve small-town America. Especially as the costs of communication and transportation continue to fall, the false notion that folks living in rural areas would not be served by private mail deliverers should be stamped out.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Editor, The Wall Street Journal
200 Liberty Street
New York, NY 10281
To the Editor:
Opposed to privatizing first-class mail delivery, Edwin Andrews asks "How do you suppose rural locations will be served by a company"that is interested solely in the bottom line?” (Letters, December 4).
Is this question serious? Firms in the private sector earn higher profits the better they are at discovering cost-effective ways of meeting consumer demands. For example, Wal-Mart got its successful start by creatively figuring out how to serve small-town America. Especially as the costs of communication and transportation continue to fall, the false notion that folks living in rural areas would not be served by private mail deliverers should be stamped out.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Wednesday May 14, 2008 at 11:40am