Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ckilmer
the need for the government to adjudicate over relatively scarcer resources

Free market competitive pricing is the only way to ensure that relatively scarcer resources are protected and allocated in the most efficient and cost-effective way.

Since government-imposed "adjudication" of resources operates by definition without critical pricing information, its allocation will necessarily be wasteful and inefficient. Shortages will be the inevitable result.

4 posted on 02/01/2015 10:26:17 AM PST by Maceman
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Maceman

Since government-imposed “adjudication” of resources operates by definition without critical pricing information, its allocation will necessarily be wasteful and inefficient. Shortages will be the inevitable result.
.............
Agree. the result of increasing government intervention is increasing shortages.


6 posted on 02/01/2015 10:31:45 AM PST by ckilmer (q)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Maceman

Free market competitive pricing is the only way to ensure that relatively scarcer resources are protected and allocated in the most efficient and cost-effective way.
................
Agree. But people have to have faith in God to trust in a price mechanism. The country for decades has for decades but especially after 1970—become more godless.

So kill the price of energy and water and give the credit to the God and the pubbies in that order.


18 posted on 02/01/2015 12:04:06 PM PST by ckilmer (q)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson