One of the differences between capitalism and other systems is that correct decisions are rewarded and others fail. Maybe, the rewarded can then go on to more successes and the others will have a chance to figure out what they did wrong. The looser can do some more thinking before trying again. Seems to me that the ethanol plant investors, may have much in common with those who thought that Bernie Madoff was their answer.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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