Re: [RC] *SPAM* Re: The Collapse of Laissez Faire Economics

[David R. Block]

Title: ORourke1 Signature

I'm troubled if someone wants to blame laissez-faire markets for the latest economic mess, because we didn't have laissez-faire markets at all. But this congress stands ever ready to increase regulation (and unintended consequences) so that no one will get hurt. Can't do that without completely eliminating risks and the associated risk premiums paid and received due to those risks. Subsidize something, you get more of it. Tax something, and you'll get less of it. David "Anyone who thinks he has a better idea of what's good for people than people do is a swine."--P. J. O’Rourke On 4/11/2010 8:02 PM, Dr. Ernie Prabhakar wrote: Hi DRB, Sent from my iPhone On Apr 11, 2010, at 17:53, "David R. Block" <david.r.bl...@verizon.net> wrote: I'm actually surprised that you think this is a Laissez-faire market at all. Businesses react to social pressure, economic pressure, and of course, government pressure and they have day to day interactions with government regulations Then we are in violent agreement. I read the article as proclaiming the death of the laissez -faire myth. Let's accept that business always and inevitably occurs in context, and have a rational discussion about how government can do it's part to create a healthy context. E _______________________________________________ Centroids mailing list: Centroids@radicalcentrism.com http://radicalcentrism.com/mailman/listinfo/centroids_radicalcentrism.com Archives at http://radicalcentrism.org/pipermail/centroids_radicalcentrism.com/

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