Lootifer wrote: thegreekdog wrote: Metsfanmax wrote:
The US has a free market? That's news to me. Please explain how the US has a free market economy.
I did not say that the US has a free market.
Ah, okay. Thanks.
Lootifer wrote:There is plenty of economically free industries in the US and around the world.
Sure most of them are subject to at least some form of regulation. But that doesnt neccessarily mean that there is any significant distortion away from pareto efficiency.
I'm not worried about over-regulation or over-taxation. A free market is not a market in which lobbyists can obtain competitive advantages for their clients.
In related news, we're up to 1,200 Affordable Care Act waivers for various Obama-supporting companies.
I don't think we actually disagree on any financial issues Tbh. Sure base ideals are different but tomayto tomarto
I'm not as ardently libertarian as someone like BBS. I know there should be regulation and taxation. My issue with both is that they are often and increasingly self-serving things. When the people and companies who are meant to be regulated or taxed are the ones directly or indirectly writing the regulations and taxes, we're no longer talking about a free market economy or anything close to a free market economy. Where you and I differ is how much we want the government to be involved generally. I want defense, police, fire, and that's about it.