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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (22633)	8/12/2010 6:59:55 PM
From: Brumar89	Read Replies (1) \| Respond to of 86356

First off, I mentioned something other than religion and I pointed out that the US was relatively prosperous before we had much regulation and I pointed out that some incredibly poor countries do indeed have extensive regulatory systems in place. Second, there are actually indications economy's are related to culture and values and even religion - see Max Weber's The Protestant Ethic and the Spirit of Capitalism. Others have posited a Confucian ethic in the far east that's similar and have noted economic differences in high trust vs low trust economies. There have been economic studies on this overall subject - here is just one: faculty-staff.ou.edu And books besides Weber's have been written on the subject: amazon.com Lastly, your 'regulation leads to prosperity' idea is still a mere assumption on your part with no real supporting evidence that you've offered. Can you explain why Zimbabwe's regulations haven't made them prosperous? ---------------------------- Ah yes, your question: "But the better question is if regulation is so destructive HOW did we prosper?" That doesn't amount to much of an argument. Our culture (and that includes our religious based system of morality) has played a part and our legal system, which supports property rights and contracts, has also.