SI
SI
discoversearch

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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: PMG who wrote (7023)8/13/2001 10:16:23 AM
From: Moominoid  Read Replies (1) | Respond to of 74559
 
So are you another German socialist?



To: PMG who wrote (7023)8/14/2001 6:27:12 AM
From: Maurice Winn  Respond to of 74559
 
<New Zealand is a sad example for the effects of brute force deregulation and too naive beliefs in the "invisible hand". The problem is, markets are not always in balance and the outcomes are not always fair and thus sometimes not wanted by society. >

PMG, that's totally wrong. Deregulation is not "brute force". Brute force is the process of regulation. Deregulation is freedom. Neither was a naive belief in free markets or the invisible hand a problem. The naive belief was that governments would be useful by controlling, regulating, smothering, taxing, wasting, paying criminals, paying bludgers, creating apartheid and so on and on and bloody on! Australia is taking over New Zealand. They are doing it because productive New Zealanders are fleeing to Australia.

The markets were not allowed to work. Regulations of all sorts of things have been introduced. The problems have grown as the regulations have increased.

Cargo-cult, bludging, whinging, economic and technological ignoramuses are voting themselves rich in New Zealand. They are of course failing.

Mqurice