Jackson50 on 31 October 2008
| steven787 said: Of course all the genius amateur-free market-economists on the internet would not know that, because they've never tried to actually learn about it. |
I concur with this sentiment. I am shocked at how many people have never heard of an externality. There are some cases where government involvement is necessary. Now, I probably disagree with some of you on the amount of regulation required in certain areas, but to automatically state that less regulation is good without thoroughly assessing the situation is…silly.
