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To: DeaconBenjamin
What good does it do to return to rapid economic expansion if we have not figured out how we are going to supply sufficient water for agriculture and basic living needs to the major population centers around the world?

The answer to all of this, f course is to get the government the hell out of the economy, all of it. Resources will be properly and efficiently allocated. If water is in short supply then the price for it will go ưp wand new sources (massive salt water conversion, for instance) will be found.. Prices will determìne prety much everything far more efficiently and rapidly than any government planning board could do. And, in truth, no government planning can do.

2 posted on 08/19/2013 10:21:44 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINE http://steshaw.org/econohttp://www.fee.org/library/det)
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To: arthurus
get the government the hell out of the economy, all of it.

First let's agree that we want the government to coin money and regulate its value.  Then we can argue about how we want that done; I'd expect the arguments will center on how the dollar's value affects the economy.

3 posted on 08/19/2013 11:44:50 AM PDT by expat_panama
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To: arthurus
get the government the hell out of the economy, all of it.

First let's agree that we want the government to coin money and regulate its value.  Then we can argue about how we want that done; I'd expect the arguments will center on how the dollar's value affects the economy.

4 posted on 08/19/2013 11:46:22 AM PDT by expat_panama
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