Albuquerque is lucky to have Winthrop Quigley, a clear and fine writer.

ABQJournal Online » Cycle of life, death sustains U.S. economy By Winthrop Quigley / Journal Staff Writer on Mon, Oct 24, 2011

I never worry very much about the American economy, no matter how awful things seem to be. The weak businesses are culled, the strong businesses thrive, capital and labor flow to the strong, and the economy keeps growing. It’s an ugly process, but it works. …

Something amazing is going to happen, and when it does somebody else’s employer will be killed. It’s wonderful. It’s terrible.

ABQJournal Online » Cycle of life, death sustains U.S. economy