I found this video on Youtube today that explains why Free Market Economics run counter to Government Controlled Markets, using the current SuperStorm Sandy example.
And in regard to those $30 flashlights?.....I'll contend that given the prices in Manhattan, $30 for a flashlight is NOT gouging anyway. I've had to buy things in Manhattan and that place is ridiculously high anyway on EVERYTHING!lol
So are you a Keynsian or a Hayekian when it comes to economic theory?
Do you believe in truly free markets(not what we have now in America, which is NOT a free marketplace but Crony Capitalism)?
Or do you believe that government should control our marketplace and cause artificial dips and highs?
Sluggy
