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The Sponge Is a Mess!

November 23, 2009
Robert Anderson
11/23/2009

It’s been over fifty years since I first heard Leonard Read make the comment, “The market is analogous to a sponge. The market can absorb a lot of government mess until, like a saturated sponge, it becomes a mess too!” Looking back, it’s been almost fifty years since Leonard (he was my best man at our wedding) told me marriage and the market share this similar trait, so keep your sponge dry. While our marriage has done so, sadly the same cannot be said about the free market economy over these past fifty years.

The story continues …..

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