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re: "The goal should be to eliminate government created markets" Having been on hn for a while, I was sort of writing to this response when I commented. So...
by dalbasal 9y ago
re: "The goal should be to eliminate government created markets"
Having been on hn for a while, I was sort of writing to this response when I commented.
So... my friend^, I don't know. I really don't. I am sympathetic to all sorts of minarchist ideas and minarchist ideals. I also have my own ideas off beat ideas about was of improving some of these. In many cases that I alluded to above, trying to minimize government power would be an approach worth trying. However, I just don't see us living in a near future where the quality of artificial^^ markets is not very important. Some of these are a lot worse than others, and we should fix it.
^I mean this. Lets not forget we're friends, disagreements don't negate this.
^^re-reading, I realized that I should have said "artificial" rather than government created. There are many ways to catch mice, and it's worth varying more than just the colour of the cat.
- madhadron 9y ago> e-reading, I realized that I should have said "artificial" rather than government created. There are many ways to catch mice, and it's worth varying more than just the colour of the cat. All markets are artificial. You can't have any kind of market without some enforcement of the rules that make it a market. Otherwise it degenerates into a free market, which, despite its name, is not a market.
- kazagistar 9y agoAll markets are artificial because enforcement of property allocations is an artificial, market creating action. But none of this is relevant to the point of the GP, which is that a realistic policy decision involves making existing artificial markets incremental better in the short term.