I was disappointed following this Reason link: Does the Free Market Punish Racism?
I half-expected to find they were making Steven Farron’s “Prejudice is Free” argument, that racial discrimination isn’t tenable in a free market:
The reason is a fundamental economic principle, which is obvious to common sense. If an individual or business, while engaging in an economic activity—hiring, promotion, lending money—considers any non-economic factors, the person or business will suffer economically—even if the non-economic factors were considered unconsciously.
Alas, it was a video, of some libertarian minx asking this question of anti-Sterling protestors outside Staples Center. The piece opens with a clip of a black speaker declaring the Clippers “our team” to be “repossessed”, and the question of property rights is thus dispatched without commentary from Reason. (The opening shot is hilarious–a woman holding a sign saying “Racism is Against the Law”). Likely having had difficulty getting black picketers to expound on Austrian v Keynesian distinctions, the Reason babe ditches that tack to commiserate with the negroes about their “real problems”, police brutality and drug laws. “Yeah, it’s the Man, man!” Libertarians are so cute on Race.