The *market* makes decisions?

Where is this mythical market?  The market is based on people, and if they
can't be trusted to make good decisions without oversight when grouped
together under the banner of government, they cannot be trusted to do so
when grouped together under the banner of corporation or market.

People, as we have oft observed on this very list, tend to make very bad
decision -- more so in groups.

*Theoretically* a free market system will operate better than many others
under most circumstances, but in practice, a *little* bit of regulation is
needed to make sure that the rules largely remain throughout the game the
way they did at the beginning of the game.   Most regulation, it might
easily be observed, has come about when the leaders in a given market got
too free with said market, to the detriment of other players in that market.

But hey, don't let reality stop you from fawning over what could be...

Oh, and I fully expect that in addition to "iPhone thread!" we're now going
to have to endure months of "DigiNotar thread!"

* *

*ASB* *http://XeeMe.com/AndrewBaker* *Harnessing the Advantages of
Technology for the SMB market…

*



On Thu, Sep 8, 2011 at 6:28 PM, Kurt Buff <[email protected]> wrote:

> And in practice.
>
> Outside the textbook, laws and regulation which don't respect property and
> contract rights robs the market of its ability to make decisions.
>
>
>
>
> On Thu, Sep 8, 2011 at 13:28, Andrew S. Baker <[email protected]> wrote:
>
>> *>>A free market doesn't guarantee good results, just better results
>> than anything else.*
>>
>> In theory.  Outside of the textbook, the abundant use of free market often
>> requires regulatory intervention...
>>
>>
>> * *
>>
>> *ASB* *http://XeeMe.com/AndrewBaker* *Harnessing the Advantages of
>> Technology for the SMB market…
>>
>> *
>>
>>
>>
>> On Thu, Sep 8, 2011 at 3:52 PM, Kurt Buff <[email protected]> wrote:
>>
>>> On Thu, Sep 8, 2011 at 10:28, Ben Scott <[email protected]> wrote:
>>> > On Wed, Sep 7, 2011 at 11:05 PM, Ken Schaefer <[email protected]>
>>> wrote:
>>> >>>  There's no rule that says that has to happen.  It would appear
>>> >>> that most people chose price over security, and so far that has
>>> >>> generally meant that those who value security more are left
>>> >>> without any really satisfying vendor.
>>> >>
>>> >> If there's a market, or even if someone thinks there's a market, plus
>>> a
>>> >> way to make it profitable, then you can bet someone will start
>>> something up.
>>> >
>>> >  You ignore startup costs, network effects, and other
>>> barriers-to-entry.
>>> >
>>> >  Start, sure.  Succeed or see any real adoption?  Not so certain.
>>> > The free market is not a panacea.
>>>
>>> A free market doesn't guarantee good results, just better results than
>>> anything else.
>>>
>>> Kurt
>>>
>>>

~ Finally, powerful endpoint security that ISN'T a resource hog! ~
~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/>  ~

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