U.S.—The famed conservative economist and free-market advocate Dr. Thomas Sowell took a lot of flack this week by distancing himself from the economic practices of one “Santa Claus”. Sowell pointed out that a sudden flood of free toys will devalue the toys already on the market place, causing rapid inflation of the value of things like Nerf guns, Barbie dolls, and toy choo-choo trains.
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Thomas Sowell Slams Santa Claus For Plan To Flood Market With Free Toys,
December 16, 2020 at 12:08PM from The Babylon Bee, at The Babylon Bee
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