The Ludwig von Mises Institute

Advancing the Scholarship of Liberty in the Tradition of the Austrian School

Source link: http://blog.mises.org/4642/the-end-of-the-telegram/

February 3, 2006 by Jeffrey Tucker

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{ 7 comments }

The Hook February 3, 2006 at 9:59 am: I guess the Telegram was allowed to go out of business because there were no monied interests lobbying to keep it around.
jeffrey February 3, 2006 at 10:02 am: Hook, the great thing about the market is that you don’t have to lobby for or against things. To determine what gets produced, and in what quantity, you only need to buy or refrain from buying.
Chris Meisenzahl February 3, 2006 at 10:58 am: Hook, great point!

I guess we don’t have a “big-Telegraphy” to lobby for them.
Stephan Kinsella February 3, 2006 at 1:30 pm: Oh, I got a mimeographed telex about it last week.
chris February 3, 2006 at 4:27 pm: WU NO LONGER SENDING TELEGRAMS STOP HOW AM I SUPPOSED TO CONTACT MISES INSTITUTE STOP MUST FIND BUGGY WHIP AND COMPLAIN ABOUT THIS STOP
xteve February 3, 2006 at 5:08 pm: What about all those poor unemployed souls who relied on the telegram industry for their livelihood? This obvious market failure proves capitalism is exploitive & evil.
Charles D. Quarles February 3, 2006 at 11:48 pm: No it doesn’t, steve; since those folks are busy programming computers and reading blogs .

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