Wall Street Journal: Buying Into Mob Mentality

The Wall Street Journal looked to Ira Davidson, director of the Small Business Development Center at Pace, for insight on cash mobs.

Ira Davidson, director of the Small Business Development Center at Pace, told the Wall Street Journal: “Cash mobs will make a bunch of na├»ve, starry-eyed liberals have fun and feel good about themselves, and have no economic consequence whatsoever.”

He said, “cash mobs make things worse, because they treat independent shops like charity cases.”

via Buying Into Mob Mentality – WSJ.com.

Leave a Reply

Your email address will not be published. Required fields are marked *