mrstickball on 23 October 2011
dany612 said:
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Generally, the answer usually resolves to anti-capitalist interventions and regulations.
Corruption exists when there is a sub-optimal allocation of capital, and can be masked by subsidation.
BTW, watched most of the video. Schiff totally bamboozles them. The people debating him don't know what they are even talking about. One guy alludes to Adam Smith saying he favored government intervention, yet a quick browse in Google says he believed the opposite. Crazy uninformed rubes.
Back from the dead, I'm afraid.
