Market Failure

Wojtek Sokolowski sokol at jhu.edu
Mon Jan 13 07:49:32 PST 2003


RE:

Dear Free-Market.Net members and supporters,

We regret to announce that we have suspended operations. The Henry Hazlitt Foundation, our non-profit corporation, has always been a small organization, "living on the edge," and 2002 just hit our funding too hard for us to recover.

Is not it ironic that free marketers take the organizational form of a non-profit organization, which by neo-classical wisdom is a product of a market failure?

Wojtek



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