Is anyone aware of a Mises Circle / Economics discussion (looking for audio or video) where failure of regulations were specifically discussed?
thanks
http://www.youtube.com/watch?v=psOmMimlWvU
Creating the next great depression
http://www.youtube.com/watch?v=SJY3fnhS5Bs
Interventionism
IDK, I don't know whether to count the huge stuff about the fed or not but thats from Mises Media after two seconds of looking.
thanks.
I have watched both of those, was looking for something more specific. I remember Block talking about UL specifically in regards to private regulations, but it's kind of hard to compare that to a financial regulatory division. I was hoping for more elaborate discussions on private regulations / state regulations and reasons why one fails and one succeeds.
I should have been more specific in my original request.
Clyon: I was hoping for more elaborate discussions on private regulations / state regulations and reasons why one fails and one succeeds.
For the same reason govt anything fails and pvt anything succeeds.
The pvt guy knows if he does a bad job he will go bankrupt. So he does his very best to please the public. If he doesn't know how, he indeed goes bankrupt and someone who does know how takes over eventually.
The govt guy figures, "If I mess up who cares? It's not my money, and my boss won't fire me cause it's not his money either. In fact the more we fail the more money we can ask from Congress. [This last from Lew Rockwell, I think].
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It's easy to refute an argument if you first misrepresent it. William Keizer