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Classic Case of State vs. Market Execution: FEMA vs Amazon

June 12th, 2008 · No Comments · Economics

CNN reports that a huge portion of the kits and supplies purchased and donated for the purpose of aiding hurricane victims languished in storage for years, and finally was just kept and used by government. Hmmm, do you think Amazon would let $85 million in ordered products just sit in the warehouse, and then just […]

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