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Politics : The Environmentalist Thread

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To: Land Shark who wrote (33869)6/21/2011 3:34:25 PM
From: Jorj X Mckie  Read Replies (1) of 36921
 
But, it doesn't work. Unregulated things are unstable. Unregulated markets crash.

Unregulated things are unstable
Regulated things are unstable

Unregulated markets crash
Regulated markets crash

The only difference is that regulated markets crash bigger and more often.

Boom/bust cycles are a reality with humans and with all other living populations. Government intervention increases the amplitude and frequency of those cycles.

You are showing your naivete if you believe that regulating markets eliminates the boom/bust cycle.
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