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Politics : The Castle -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (2149)	10/10/2003 7:47:58 PM
From: TimF	Read Replies (1) \| Respond to of 7936

What connection does your post have to mine. Well I suppose its your right to change the topic but it should be realized that you are not dealing with the issue in my post. Was deregulation of S+L's a good Reagan move Good idea, poor implementation and perhaps bad timing. Was deregulation of energy companies a good move? Are you talking about CA? They where not deregulated. They change one decent if imperfect set of regulations for a much worse set of regulations. Is any deregulation of industry a good move? Do you mean is deregulation ever a good move? or do you mean is deregulation of industry always a good move? In order, yes and no. Regulation must be a very good thing. It is in the sense that we would not do as well without it and in the sense that a lot of specific regulations are beneficial. However a lot of regulations are not beneficial and even when they are there is a cost. Also too much regulation stifles dynamic responses to changing conditions , reduces wealth creation, and reduces individual freedom. OTOH no law or regulation at all is the same thing as anarchy. Anarchy also reduces wealth creation and why it doesn't directly reduce individual freedom it fails to protect it. Obviously somewhere between anarchy and a highly regulated state would be the optimum solution. I would further submit that some level of regulation that overall is lower then what we have now would be optimum. Tim