On Aug 12, 2010, at 3:46 PM, c b wrote:

CB: Michael Perelman:

"Most economists would say competition is good and depression is bad.
But depression is intense competition."

Isn't it that what most economists say is more like "government and monopolistic restraints on competition are bad" with many adding "but depression is worse?"




Shane Mage

"All things are an equal exchange for fire and fire for all things,
as goods are for gold and gold for goods."

Herakleitos of Ephesos, fr, 90

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