Monday 25 November 2013

No intervention

It seems like a strange thought that the government shouldn't interfere and intervene in the business world. After all the government is pretty much what represents people and the most effective, powerful organizations that's supposed to enforce common interest.

Saying that the economy will sort itself out, seems to be a bit like saying:
"Don't touch the economy, because the economy is magic!"
Why would any system suddenly produce good outcomes for most people? And if it does not, why should our most costly defense system not be allowed to regulate it?

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