[106345] in North American Network Operators' Group
Re: So why don't US citizens get this?
daemon@ATHENA.MIT.EDU (Fred Baker)
Sun Jul 27 02:38:46 2008
From: Fred Baker <fred@cisco.com>
To: Joe Greco <jgreco@ns.sol.net>
In-Reply-To: <200807270437.m6R4b98e039663@aurora.sol.net>
Date: Sun, 27 Jul 2008 07:38:25 +0100
Cc: nanog@nanog.org
Errors-To: nanog-bounces@nanog.org
On Jul 27, 2008, at 5:37 AM, Joe Greco wrote:
> Yes, I do. The free market is a system where corporations like to
> take
> the easiest road to do the least work to maximize profits, while
> everyone
> else is doing the same thing.
Recognizing your biases here, I think an economist might define it a
little differently. For example, see http://www.investorwords.com/2086/free_market.html
.
The key thing in that definition is the lack of government
intervention in its various forms. That's D'Arcy's point. Where there
is government subsidy, regulation, or other intervention, it cannot be
described as a free market.
