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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (16512)3/7/2002 7:24:15 PM
From: Don Lloyd  Read Replies (1) of 74559
 
CB -

My economics professor informed me that as far as economists are concerned, lawyers don't add anything to the economy.
Which I think is funny, because I am always reading that for capitalism to succeed, it requires the rule of law and enforceability of contracts. Where do they think that stuff comes from?


In an earlier post you said something about having trouble counting and now you admit that lawyers in general are addition-challenged. Of course, if people smart enough to be lawyers could do math, they would be engineers. -g-

Wouldn't capitalism be able to limp along if there were somewhat fewer than 1000 laws for every lawyer?

Regards, Don
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