Underwriters Laboratories

The Mises Institute presents and article on Underwriters Laboratories which is well worth a read, particularly if you're the kind that believes that without the Government there would be nothing stopping companies from simply producing unsafe products as a cost cutting measure. While the article in question is certainly biased, it is still worth giving the issue some consideration rather than simply assuming that there would be no protections in place without the Government. Also while such an organization would be prone to bribery and corruption, only the most naive believe that the Government is not prone to such things already.

Link courtesy of Samizdata.net

Categories: Politics, Linkage
Date: 2009-05-13 23:03:54, 8 years and 286 days ago

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