Home on the range where the buffalo roam Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Home on the range where the buffalo roam

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LLCF who wrote (11045)	3/1/2001 9:39:01 PM
From: JRI	Read Replies (2) of 13572

IBM: What Lou giveth (today's gain), Lou taketh away (tomorrow's likely tank).. Re: infrastructure. Correct me if I'm wrong (anyone), but I think we have a mixed bad here....some infrastructure projects created big bubbles (autos? railroads, etc), while others perhaps not (highway system- was that really a bubble? not that I'm aware....water/sewage system implementation....)... The real question is (perhaps): Does unfettered capitalism/financial system produce the maximum benefits and the quickest, broadest implementation in such important, historic products/services- ....or does, by the inevitable "bubble" nature of the financing/speculation of these projects if the free market is allowed to do its thing........does it lead to such a disruption (post-bubble)...that, indeed, some careful, well-though regulation would have been better indeed.....and smoothed out the transition.... Perhaps one clear argument can be found in the Euro/American comparison of cellphone....ie....almost all (all?) Euro-countries agreeing to one network (is it?) a few years ago vs. the quiltwork/patchwork of systems here....Hard to argue (no?) that regulation, in that case, wasn't highly effective, and hasn't lead to a better system sooner....than in the "free-for-all" states... I don't know the answer to this question; I'm just posing it...but it might be interesting to consider when the next big thing comes along (Biotech/Human genome?) etc..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next