Wednesday, August 5, 2015

"St. Paul bids us be fools for Christ's sake - but not blithering idiots."

Thus said Fr. Duddleswell; words that can be taken to heart by this unfortunate, and certainly well-intended, businessman:

Dan Price, chief of credit-card payment processing firm Gravity Payments, raised his employees' salaries to $70,000. Most responses were positive, but several employees quit and some customers took their business elsewhere fearing fee rises. Now a lawsuit from the CEO's brother threatens the company's existence 

As the economist Milton Friedman once noted, freedom is always superior to mandated equality.