It looks like Walgreen has bowed to customer pressure and decided not to relocate its corporate headquarters from Illinois to Switzerland after all.

Now, regardless of how you feel about our steep corporate tax rate, the labyrinthine loopholes or even overpaid CEOs, what I like about this story is the effectiveness of market forces. In short, the company faced a backlash over their (very real) threat to move overseas — a corporate dodge now common enough to earn its own moniker (tax inversion).

At any rate, the move apparently generated enough outrage and bad press that executives have since announced that despite following through with the Boots acquisition, the company will remain stateside. That, my friends, is market forces at work. No government intervention needed.