> -----Original Message----- > From: brin-l-boun...@mccmedia.com [mailto:brin-l-boun...@mccmedia.com] On > Behalf Of John Williams > Sent: Saturday, July 18, 2009 12:41 AM > To: Killer Bs (David Brin et al) Discussion > Subject: Re: Why not discuss the topic?
> No chutzpah required, since I am convinced that the recession is > largely the result of unforeseen consequences of imperfectly > understood regulations and interactions between them, of people and > businesses finding ways to game regulations, and of wrong-headed > government bailouts of people and businesses who would have lost money > in a free market which would disincentivize such behavior in the > future, but instead the bailouts incentivize such things. OK, are you arguing that the bubbles and busts in history when government had all but no regulation were products of that small regulation because government regulations is known a priori to be the cause of all problems in the market? That one cannot look at multiple cases with small and large regulations, and compare them to get a decent rough estimate of the effect government regulations? Dan M. _______________________________________________ http://mccmedia.com/mailman/listinfo/brin-l_mccmedia.com
