Where Does G.I. Joe Shop?
Congress has tried repeatedly over the years to steer defense contracts in directions that would supposedly shore up or expand America’s military-industrial capacity. Yet these efforts have nearly always interrupted the natural tides of the market and led to unintended consequences, including inefficient practices, high prices and limited choices for the military. America’s war-fighting institutions have consistently achieved better results when they have relied on the free market to decide where and how products should be made.
Simply put, for good stuff, the free market delivers. This is a fact. For a concise case study of how and why free markets work (and why subsidies don’t), check out the rest of this article here.












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