The U.S. Department of Agriculture literally tells farmers to dump foodstuffs when there are too many of them for the market.

The Federal Reserve literally sets interest rates for everything through the prime rate and other tools.

It& #39;s worked out well. @Noahpinion https://twitter.com/AleResnik/status/1248684672290152449">https://twitter.com/AleResnik...

A lot of folks act as if the United States is a pure free market system instead of the hybrid capitalism/socialism thing it has in reality. Also, without government (which provides courts, infrastructure, and incorporation laws), capitalism wouldn& #39;t exist. @Noahpinion

The tweet quoted in the first part of this thread is another reminder that you shouldn& #39;t assume highly-developed intellect in a businessman just because he& #39;s successful in running a business. Successful executives are such because they only know how to run businesses.