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Corruption and Regulation

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Wilhelm Raschke posted on Fri, Jan 16 2009 3:43 PM

Some one asked me in an agrument what for some examples of lack of government intervention (regulation) eliminating corruption. Right away I think of the tech industries. Do you have any other examples?

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Eric replied on Fri, Jan 16 2009 6:40 PM

Can he give an example in which government intervention helped?

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I think if I answered a question with a question people would sense that I'm trying to aviod providing a real answer.

You can read the thread in question here , feel free to chime in. Big Smile

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if you look up on you tube "the founding of the federal reserve" by murray rothbard he illustrates an excellent example of how the interstate commerce commission was established to maintain a cartel of the railroad industry and how government intervention is necessary for monopolies and cartels.

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