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![]() "Jay Maynard" wrote in message ... On 2008-03-16, Dan wrote: I think the market is the best incentive ever devised. This is a basic theorem of economics. It's been proven that no regulatory regime can ever be as good at producing optimal results as the free market. Governments can, at best, only approach the efficiency of the market. I know one guy who's an anarchist because of this result. What's more, the market is infinitely more adaptive when conditions change - bureaucracies are like the Titanic heading for an iceberg. |
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