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  • Olympics Offer More Proof that Central Planning is a Bad Idea

    08/09/2012 5:26:29 AM PDT · by Tallguy · 6 replies
    Businessinsider.com ^ | 8/9/12 | Simon Black
    (Snip) There’s only one way to buy London Olympic tickets– through the ’official’ office that’s controlled by the government. They’ve even solidified their monopoly by making it a CRIMINAL OFFENSE for individuals to resell Olympic tickets. The concierge at my hotel, an affable Italian named Paulo, explained to me that the police even came around to warn (i.e. threaten) him against helping hotel guests find tickets. Paulo directed me to the government’s official website so I could buy tickets the legal way. I quickly found out how Byzantine it is– there are all sorts of ridiculous hoops to jump through;...