My del.icio.us bookmarks for October 24th
October 25th, 2008
These are my links for October 24th:
- Up to 30 pct of hedge funds could close - The bloodbath will continue.
Especially in Cayman
- FT.com / In depth - Fed takes $2.7bn paper loss on Bear - Those losses come home to roost
- Letters: Working for a clampdown on tax dodges | - War on Want is on message
- FT.com / World - Top German economist pleas for free market - The global financial crisis will reinforce the scepticism of European citizens about free markets and will lead to more state intervention in the economy, one of Europe’s top economists predicted on Thursday.
He wants to continue his freedom to abuse.
People want to constrain it
Why should his abuse continue in that case?
Richard,
Individuals should ask themselves whom they would prefer to be “abused” by in terms of economic issues. Would an individual choose to be “abused” by the private sector -or- would an individual be forced to be “abused” by the public sector (ie. governmentalism).
At least the private sector approach is a choice which the individual can freely decide upon entrance and exit. The public sector approach is accomplished by, and relies upon, the implicit/explicit use of force by government.