My point of view, ace, is that advanced developed economies are mixed economies and rightly so. They proved the most stable environment than do purely communist or laissez-faire (would in theory*).
*This is mainly because both of these in their pure forms are highly volatile in attempts to implement and/or maintain them, or, perhaps, purely theoretical.
Is your position, ace, that mixed economies are a bad idea and we should rid economics of government intervention of all kinds?
ace, you know my position: I support mixed economies. I'm not abdicating anything.
What's yours? Are you for or against mixed economies?
__________________
Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
|