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To: Oldeconomybuyer

Just to throw some basic free market economics at the problem. Generally speaking you cannot correct the mistakes of a market with regulation, which end of being some form of more or less complex wage and price controls, or outright rationing.

If a market is not functions efficiently history shows that the cause is almost always due to previous regulation, or there is incomplete information needed to make a purchasing decision. Two wrongs don’t make a right you can’t fix these problems with more regulation.

Ronald Reagan said government is not the solution.


28 posted on 11/15/2014 9:53:02 AM PST by Idaho_Cowboy (Ride for the Brand. Joshua 24:15)
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To: Idaho_Cowboy; Oldeconomybuyer
Generally speaking you cannot correct the mistakes of a market with regulation, which end of being some form of more or less complex wage and price controls, or outright rationing.

So you're in favor of allowing child labor?

29 posted on 11/15/2014 11:50:19 AM PST by Age of Reason
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