November 19, 2005News > About Those $100 LaptopsMarkos Kloos notes that those cheap laptops intended for children in third world countries are actually extremely valuable in the local currency, and that could be a problem. What would happen in the United States, with our developed civil justice system and ample police presence, if a foreign organization gave a piece of hardware worth $30,000 to every needy minor in this country? Do you think their parents, neighbors, and neighborhood crooks would just smile and say, "Good for you"? Or do you think a significant number of those devices would end up getting stolen, traded, or sold in very short order, possibly resulting in injuries or deaths to many of the kids who didn't want to give up their new gizmo voluntarily?Posted by lesjones | TrackBack Comments
Why do do-gooders refuse to consider economic realities? It really amazes me when they don't get simple Economics 101. Posted by: Kevin Baker at November 20, 2005Post a comment
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