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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: ild who wrote (232874)	4/2/2003 1:45:12 PM
From: yard_man	Read Replies (1) of 436258

mises.org >>Such intervention then leads to a situation where we replace competitive markets with at best heavily regulated markets, and at worst outright socialism[4]. These economic systems result in markedly lower living standards and varying degrees of political repression. That this is all true in this case is evident from the fact that consumers are choosing to spend less on air travel. Intervention on behalf of airlines is obviously working to resist the movement of scarce resources into more highly valued uses. It is making us poorer, except for the few who collect these government transfers. At one level, we should recognize and respect the wishes of consumers. At another we should recognize that part of this change in consumer preference and want for more intervention derives from prior interventions. Fear and animosity generated by terrorism and intervention are what we should be wary of, not falling revenues in any one sector of the economy. Intervention is the problem, not the solution, particularly its worst form: war. <<

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