tag:blogger.com,1999:blog-7466544526845171847.post326298257182411729..comments2013-01-28T02:46:13.609-08:00Comments on Redonkulus Blog: Some reading suggestionsredonkulus476http://www.blogger.com/profile/02196069493716013924noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7466544526845171847.post-55848986917147015912010-03-07T17:17:28.356-08:002010-03-07T17:17:28.356-08:00I think that the liberal perspective would be that...I think that the liberal perspective would be that often the government makes things worse because they are more likely to be acting on behalf of one business in particular rather than trying to improve the entire system.Billhttps://www.blogger.com/profile/11983373203071868343noreply@blogger.comtag:blogger.com,1999:blog-7466544526845171847.post-24519949928990123542010-02-28T22:03:53.728-08:002010-02-28T22:03:53.728-08:00Thanks for the recommendation and for the link.
...Thanks for the recommendation and for the link. <br /><br />I think if Friedman were to watch that clip, he might have some comments to add. E.g. he might say that, yes, there are market failures, but there are also government failures. So, don't assume that every time you spot a possible externality that the gov't is going to be willing or able to deal with it in a reasonable manner. That's how a lot of right of center economists tend to see things, I suspect: yes markets fail, but the track record of governments is even worse.redonkulus476https://www.blogger.com/profile/02196069493716013924noreply@blogger.comtag:blogger.com,1999:blog-7466544526845171847.post-62923152272913614202010-02-28T18:24:28.253-08:002010-02-28T18:24:28.253-08:00I read this book for my university seminar. It rea...I read this book for my university seminar. It reads like a textbook, by which I mean that it is very straight-forward, which is refreshing. I recommend that you keep reading it, as I think you will enjoy it.<br /><br />He also makes a cameo in "The Corporation", which I was surprised to see. Here's a clip of one of the segments in that documentary that features him.<br /><br />http://www.youtube.com/watch?v=aCGTD5Bn1m0Billhttps://www.blogger.com/profile/11983373203071868343noreply@blogger.com