Oct 19, 2009, 10:23AM

Gotta get the money?

Talk to the Yankees, MLB big spenders.

One of the biggest things people consistently get wrong about libertarians is confusing their aversion to government interference with a desire to make rich people richer by any means necessary. In fact, something closer to the opposite is true. For a textbook case, look no further than a team scheduled to start the League Championship Series tonight: the New York Yankees.

  • I can't disagree with Matt Welch's analysis here (caveat: I'm a Yankees fan), and share his disgust at wealthy sports franchises getting tax breaks and all sorts of subsidies. It should be noted, however, that what the Steinbrenners did in NYC certainly wasn't illegal: they went to the city, Mayor Bloomberg specifically, and asked for the breaks. Bloomberg could have, and should have, said no, especially since the new Yankee Stadium won't spur non-baseball tourism. But, probably to the Steinbrenners' surprise, the city said sure.

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