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To: skinowski who wrote (91825)12/20/2008 8:13:35 PM
From: Moominoid  Read Replies (2) | Respond to of 116555
 
The good results of the invisible hand occur when there are no market failures. When there are market failures the invisible hand instead leads to disaster. From a liberal economic viewpoint it's the role of regulators to set a framework that is more likely to let the invisible hand result in positive outcomes instead of ones which benefit some at the greater expense of others or benefit no-one.