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Arthur, People always act in their own self-interest. Of course producers try to monopolize the market. The way to stop it is
to have free markets. However, the traders get together with the politicians and those worthy
individuals forget they are representing us and instead speak for the
moneybags. They make the free market illegal with the use of price controls,
subsidies, tariffs, quotas, and a variety of other devices. We then pay the traders - who should better be called protectionists –
and the traders pay the politicians. So, who supports these crooked swindles? Why, everyone on this list who
writes against free trade and the free market. They should be ashamed of
themselves – particularly those on the left who are supposed to be for
the people but spend their time raising costs to the poor and thus lowering
their living standards. Harry ******************************* of 818 352-4141 ******************************* From:
[EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] On
Behalf Of Cordell, Arthur: ECOM For all those that wish to rely on market mechanisms, recall
that markets are made by people. And people often act in their own self
interest. Adam Smith saw this back when he wrote the Wealth of Nations. "People of the same trade seldom meet together, even for merriment
and diversion, but the conversation ends in a conspiracy against the public, or
in some contrivance to raise prices. It is impossible indeed to prevent such
meetings, by any law which either could be executed, or would be consistent
with liberty and justice. But though the law cannot hinder people of the same
trade from sometimes assembling together, it ought to do nothing to facilitate
such assemblies; much less to render them necessary." The
Wealth of Nations |
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