philg подвел итоги года

[birdwatcher]

philg -- When federal, state, and local government constitute 40 percent of GDP, and the political system is open to lobbying, perhaps pretending that we can have anything resembling a free market is a mistake.

Comments

[cema.livejournal.com]

Resembling is not a mistake. But the resemblance is passing.

[yosefk.livejournal.com]

"Those of us who took Econ 101 are prejudiced against planned economies, but perhaps a Soviet-style planned economy is more efficient than a crony capitalist system. In my opinion, this is the big question that we’re going to be working out as a society during the coming decade."

This question has apparently been settled experimentally, and quite a few times. While an ability to reproduce results is scientifically important, this one would be a pity to be "working out" again.

[birdwatcher.livejournal.com]

- хуже не будет
- еще как будет!