[ExI] Belief in Market Efficiency

[painlord2k at libero.it]

Il 06/02/2009 3.32, Stathis Papaioannou ha scritto:
> 2009/2/6 painlord2k at libero.it<painlord2k at libero.it>:

> There is such a thing as good economic management and an optimal
> public/private mix. A political system that does not provide for
> public health and education is bad; but a political system that
> socialises bakeries and shoe shops is also bad. Democracies allow the
> population to try out various things and choose the one they like
> best, depending on results.

Problem is in democracies it is not people that decide, but the 
majority. And the majority have only the possibility to choose between 
two packets the two competing electoral block / parties will offer them.
And usually will vote always for the same, whatever they did (apart for 
major screw ups).

Mirco