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Judging by her bio, she looks amazingly well qualified. I don't think that being a former VP at Goldman Sachs means it's "more of the same". If anything, when taken into context, it just means she'd understand the industry at a greater level, which would put her in a better position to help fix its problems. http://www.changemakers.net/en-us/user/3018/view
Earlier quoted context omitted.
I'm a little fearful of efficiency in government. I believe that, in most areas, government can never be as efficient as a free market. Making the government closer to a free-market efficiency just makes it harder to get to a fully-free market and makes it a lot easier for the government to grow in other areas. Rothbard went into a little more detail on this in a lengthy criticism of Friedman: http://www.lewrockwell.…
But, government isn't going anywhere. Wouldn't you rather have an efficient government over a non-efficient government given that Free Markets don't eliminate the need for government? As the latest crisis has taught us Free Markets can't solve everything, and sometimes the only answer is government intervention. Like it or not the free markets couldn't correct their mistakes. They tried before requesting government i…
Failure can happen in the free market (that's how progress is made, through trial and error). But when governments decide that failure should never happen ("too big to fail", etc.) they make the free market itself fail, which is much bigger problem.
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Where you happened to have worked doesn't dictate who you are.
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Where you happened to have worked doesn't dictate who you are.
It does dictate the membership of your address book--and for a member of a "transition team", that's fairly meaningful. I don't really care, as the pooch has already been screwed, but the rest of y'all should prepare to drop certain one-word slogans.
Always ready to swear :).
Getting rid of Ted Stevens for good is the first thing that should happen.
I'm very, very optimistic about signs like this. Effective use of Internet-based communication, organization, and collaboration tools appears to be something that, generally speaking, comes naturally to younger generations and doesn't come at all to older generations. Appointing a few key people who get it to powerful positions in government could go a very long way toward delivering, in government, some of the same…
I'm a little fearful of efficiency in government. I believe that, in most areas, government can never be as efficient as a free market. Making the government closer to a free-market efficiency just makes it harder to get to a fully-free market and makes it a lot easier for the government to grow in other areas. Rothbard went into a little more detail on this in a lengthy criticism of Friedman: http://www.lewrockwell.…
Earlier quoted context omitted.
How do you get efficient outcomes in monopolistic markets without government involvement? Where substantively do you feel more efficient government is problematic?
Most monopolies are caused by government, though. Mostly through barriers to entry for competition..
Earlier quoted context omitted.
I'm a little fearful of efficiency in government. I believe that, in most areas, government can never be as efficient as a free market. Making the government closer to a free-market efficiency just makes it harder to get to a fully-free market and makes it a lot easier for the government to grow in other areas. Rothbard went into a little more detail on this in a lengthy criticism of Friedman: http://www.lewrockwell.…
Compare the government-efficiency fueled prosperity of Singapore or Malaysia to the more free market style economies of Vietnam, Phillipines or Indonesia.
For businesses, the market here is small. The island is small. So do your business in Singapore, Japan, US, etc. and let the people here do the work (with good pay of course heh) -- it's like the internet was made for Cebu
Earlier quoted context omitted.
But, government isn't going anywhere. Wouldn't you rather have an efficient government over a non-efficient government given that Free Markets don't eliminate the need for government? As the latest crisis has taught us Free Markets can't solve everything, and sometimes the only answer is government intervention. Like it or not the free markets couldn't correct their mistakes. They tried before requesting government i…
The current crisis reminded us that it's still a bad idea for the government to distort prices on a so massive scale (through fake interest rates), because truth has to eventually emerge through the price system anyway, and corrections have to happen. Failure can happen in the free market (that's how progress is made, through trial and error). But when governments decide that failure should never happen ("too big to…