Re: Definition of "rich"?

On Sat, 22 Apr 2006 14:37:40 +0200, peter@xxxxxxxxxxxxxxxx
(=?ISO-8859-1?Q?Peter_Bj=F8rn_Perls=F8?=) wrote:

<royls@xxxxxxxxx> wrote:

On Fri, 21 Apr 2006 15:14:14 +0200, peter@xxxxxxxxxxxxxxxx
(=?ISO-8859-1?Q?Peter_Bj=F8rn_Perls=F8?=) wrote:

<royls@xxxxxxxxx> wrote:

On Thu, 20 Apr 2006 17:08:57 +0200, peter@xxxxxxxxxxxxxxxx
(=?ISO-8859-1?Q?Peter_Bj=F8rn_Perls=F8?=) wrote:

JWith anything government comes waste, favoritism,
populism and nepotism.

And that would be different from non-governmental institutions how,
exactly?

Effeciency, which the markets brings, by punishing those wasteful.

The market is a very slow and uncertain punisher of waste,

Hardly slower than at democratic government.

Nevertheless slow enough to prove those problems are hardly unique to
government.

and all the
evils you attribute to government above also thrive in the private
sector.

Yeah, lets see a private enterprise keep on running when it has an debt
of 8+ trillion US$. (snicker)

Relative to its revenue and assets, that is a smaller debt than some
corporations carry.

Some things markets can do better than governments. But
other things, governments do better than markets.

However, soi-disant libertarians typically refuse to know all facts
about market failures, externalities, public goods, free riders, etc.

The more you write in this group, the more I'm convinced that you're not
a libertarian by any means of the imagination. Hence, you're only
causing ridicule to your own label of "geolibertarianism".

I don't really care about such labels until they are precisely
defined.

But anyway, if you want to be educated about these alleged problems with
free markets (and free sociaties), do read on:

http://www.mises.org/story/1035

http://www.mises.org/journals/jls/5_4/5_4_6.pdf

These articles are both garbage.

I was reading Mises when you were still in diapers.

-- Roy L
.

Relevant Pages

  • Re: Definition of "rich"?
    ... Effeciency, which the markets brings, by punishing those wasteful. ... Hardly slower than at democratic government. ... soi-disant libertarians typically refuse to know all facts ... about market failures, externalities, public goods, free riders, etc. ...
    (sci.econ)
  • Re: Definition of "rich"?
    ... Effeciency, which the markets brings, by punishing those wasteful. ... Hardly slower than at democratic government. ... about market failures, externalities, public goods, free riders, etc. ... I was reading Mises when you were still in diapers. ...
    (sci.econ)
  • Re: OT OBAMA: Are you LISTENING?
    ... market in one broad stroke. ... our government and regulators put a stop to it - right here and now. ... whether in the form of credit or cash, is private. ... Fact is that intentional and willful misconduct by our government ...
    (alt.sports.basketball.nba.la-lakers)
  • Re: OT: Shoulda listened to Carter
    ... Import quotas lead to price hikes - and then when you then set price ... I was arguing against government intervention that causes price ... Of course prices will rise and fall naturally in a free market ... our most abundant energy source... ...
    (alt.guitar.amps)
  • Re: OT OBAMA: Are you LISTENING?
    ... our government and regulators put a stop to it - right here and now. ... whether in the form of credit or cash, is private. ... enter or stay in any particular market. ... Fact is that intentional and willful misconduct by our government ...
    (alt.sports.basketball.nba.la-lakers)