Squilliam said:
For every one market failure prevented by the government im certain you could name 10 failures caused by governmental interference in the market. However, overall the market place does benefit from government intervention. There are many key areas, for example patent and copyright protection. You wouldn't enjoy the wealth of technological/medical/entertainment you do currently if the government decided that it would not enforce copyrights/patents. However for the most part, you could assume that if your goverment announced it was doing X in Y market that its overall effects will be negative/inefficient. |
The government has a role in the market, no question. I just think at times like these, where we have a few businesses doing great and thousands failing, that leaving ticky tacky shit like this alone for a while and focusing on much bigger problems are in order.
The only companies this would even impact, are Big tech companies that can hold there own (MS, IBM, HP.. etc).
I just mean with all the problems in the US right now.. this is something they focus on?







