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**everlastinge** · 01-19-2009, 06:15 PM

To be fair, there is a WORLD of difference between the government using monetary or fiscal policy to create incentives that distort the free market (and thus are fundamentally dependent on the free market and the invisible hand) and state-run industry.

Of course, but "capitalism is dead", "friedman is responsible for this" yells and other varieties of blaming the "free markets" for the current mess at best do not paint a full picture, and at worst attempt to whitewash what probably were the worst government mistakes in the economic area, ever.

01-19-2009, 06:15 PM	#1
everlastinge Join Date Oct 2005 Posts 406 Senior Member	To be fair, there is a WORLD of difference between the government using monetary or fiscal policy to create incentives that distort the free market (and thus are fundamentally dependent on the free market and the invisible hand) and state-run industry. Of course, but "capitalism is dead", "friedman is responsible for this" yells and other varieties of blaming the "free markets" for the current mess at best do not paint a full picture, and at worst attempt to whitewash what probably were the worst government mistakes in the economic area, ever.
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