WSJ: The Freedom Market In Athletic Achievement
August 24, 2008 / 9:47 pm • By Dr. Melissa ClouthierI alluded to this last week, but it is interesting how athletic performance has increased as more people have been trained in America:
What accounts for this extraordinary international cross-pollination? The desire for excellence and achievement. In sports, as perhaps in no other productive activity, success in competition is defined immediately and broadcast widely. The sports market is not entirely free. Athletes must submit to immigration limitations, visa restrictions and the like. But it is freer than most labor markets, and the opportunities for substantial gains are obvious.
Freedom promotes excellence.
