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For staunch libertarians in the audience: Alan Greenspan himself eventually admitted that markets needed government regulation (only after the wholesale collapse of the financial edifice, of course).
With that in mind, how do we measure how much government regulation is "too much"? How do you define "too much regulation" in the financial markets?
For staunch libertarians in the audience: Alan Greenspan himself eventually admitted that markets needed government regulation (only after the wholesale collapse of the financial edifice, of course).
With that in mind, how do we measure how much government regulation is "too much"? How do you define "too much regulation" in the financial markets?
The more I debate political issues, the more I realize that these blanket political parties are just stupid. Each individual government program and problem should be debated separately.
Of course some regulation is good and needed. But of course many are not. Perhaps old regulations should be repealed as they become obsolete.
Democrat, republican, libertarian, liberal, conservative are never always right.
The more I debate political issues, the more I realize that these blanket political parties are just stupid. Each individual government program and problem should be debated separately.
Of course some regulation is good and needed. But of course many are not. Perhaps old regulations should be repealed as they become obsolete.
Democrat, republican, libertarian, liberal, conservative are never always right.
Sure, I totally agree with you.
I was simply asking Libertarians' perspective on the matter. For instance, you mentioned that many are not (needed): Which regulations, as they pertain to the market, are those?
For staunch libertarians in the audience: Alan Greenspan himself eventually admitted that markets needed government regulation (only after the wholesale collapse of the financial edifice, of course).
With that in mind, how do we measure how much government regulation is "too much"? How do you define "too much regulation" in the financial markets?
Keep in mind Greenspans original train of thought on the subject was that even fraud would fix itself. So we need a little more regs then his original mindset.
Sure, I totally agree with you.
I was simply asking Libertarians' perspective on the matter. For instance, you mentioned that many are not (needed): Which regulations, as they pertain to the market, are those?
Forcing private business owners to provide handicapped access. Shouldn't a private business owner be able to decide who they provide access to?
Forcing private business owners to hire certain ethnic groups to make things "fair". Why shouldn't they be able to hire and fire who they want, when they want, for whatever reason they want. African Americans own businesses, Asian Americans own businesses, etc. So we can't go around saying "well my ethnic group would be discriminated against".
Making a private business owner update their systems in the name of "safety", when there is no proof that the updates will change things.
I can go on and on, but these are the kinds of things that should be repealed and let go back to the business owner. Its a free country, and unless that business owner is outright physically hurting people by their business practice, there should be no government regulation to try and offset that.
Milton Friedman, a protagonist of libertarian thought, was a monetarist. What you say about that?
I say he was a republican.
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