Reason On How and Why 38 Studios Went Bust

cathyreisenwitz writes "The 2012 bankruptcy of Rhode Island-based video-game developer 38 Studios isn't just a sad tale of a start-up tech company falling victim to the vagaries of a rough economy. It is a completely predictable story of crony capitalism, featuring star-struck legislators and the hubris of a larger-than-life athlete completely unprepared to compete in business." Reason makes no bones about its view of this kind of public-private "partnership."

Comments

Huh?

[MrEricSir]

tReason.com would never post anything that goes against the idea that the free market is perfect and always corrects itself, in spite of an avalanche of evidence to the contrary.

They're sort of like Ann Coulter, but replace the name calling with a smug sense of self-superiority.