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


To: AC Flyer who wrote (13407)1/13/2002 3:49:48 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
AC, the political process is the antithesis of a free market. A free market is a bunch of voluntarily operating buyers and sellers, producers and consumers.

Voting to take other people's money isn't a market. Disposing of that money isn't a free market either. A free market provider would think "Hmmm, a lot of people want to move around the place. If I build a highway, it'll be clogged with SUVs and I'll make a fortune." We have the absurd situation in NZ and the same madness is asserted in the UK by green wackoes, that there is no point building more roads because they only generate more traffic.

They don't understand that if there are crowds of people using a service when it is produced, that shows huge success. If few use it, it's a failure. So, crowded roads show huge demand. The question is how to increase the crowds but avoid the delays.

The first thing to do is create a pricing feedback loop to see if the demand is simply because of mispricing [free roads are tempting]. It's a bad answer to send special interest lobbyists to politicians who need the funding for their campaigns and votes from the electorate. That is absolutely NOT a free market.

A real free market would mean anyone could build transport systems, which would be privately owned, not subject to political pressures.

Similarly, a free market in currencies would not mean a universal Uncle Green$pan fiat currency where competitors are jailed [countries usually don't allow any currency other than their own to circulate in use, though the grip on that is slipping as cyberspace and credit cards have made many payment methods available] and politicians set the rules and print themselves loot each day.

Perhaps roads are best left to communism, as the USA currently runs them. It's funny how Americans were fanatical about being anti-communist, waging war over it around the world, yet they are communists, like most people around the world - communist schools, communist roads, many 'public good' activities [spending nearly half the GDP]. They are not as extreme as North Korea, but still communist. The USA is also fascist in the running of California electricity supplies. Democratic in other ways. Quite a mixture.

Definition of fascist, communist etc ... econ.unt.edu

Mqurice