[ExI] Belief in Market Efficiency.

[John K Clark]

"Damien Broderick" <thespike at satx.rr.com>

> It is more often pointed out that a regulated market
> does not work as well as an infinitely wise unregulated 
> market that always makes brilliant and moral decisions.

Most free market people I know have some sense and don't claim it 
always does the right thing, they just claim it is more likely to do
so than a bunch of political hacks.

> I thought the US system of governance was notable for being
> founded on "checks and balances".

Oh it's known for all sorts of things, doesn't mean any of it actually 
works.

 John K Clark