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Is Airbus A380 Demise A Lesson For Young Socialists?
In an editorial on Tuesday, the Wall Street Journal asked the (presumably rhetorical) question, is the Airbus A380’s demise an object lesson for socialists? The piece by WSJ’s editorial board member Holman W. Jenkins, Jr. is entitled, “Airbus’s Lesson for Young Socialists, Its A380 debacle shows how hard it is for state planners to outguess markets.” His argument is really problematic, but probably not in the way one might at first guess.
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