OT - I don't _hate_ McMansions
bryan.sant at gmail.com
Thu Jun 26 10:48:54 MDT 2008
On Wed, Jun 25, 2008 at 11:01 PM, Levi Pearson <levi at cold.org> wrote:
> So, how well does pure laissez-faire capitalism work, eh? We've had a
> mixed economy for quite a long time, and it works pretty well. Of
> course, you probably believe that it would work much better without
> all that government intervention, but I don't think there's a lot of
> evidence towards that end, just a lot of rhetoric from the likes of
> Milton Friedman and his ilk.
> I think capitalist idealists are just as wonky as idealist socialists.
> The theory sounds really nice, but I'm pretty sure it's not quite that
> ideal when put into practice. If you have real evidence to the
> contrary (has there been a functioning pure laissez-faire economy that
> remained that way for long enough to make a useful data point?) I'd
> like to hear it.
I'm not aware of a pure data point to examine, however, whichever
society follows closest to laissez-faire prospers the most. History
is pretty clear on this. Consider the following:
Milton Friedman - Greed
Liberals and the fall of Detroit
Tax Rates and Job Creation
Friedman on Limited Government (long, 29 min)
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