Subject:
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Re: What happened?
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Mon, 26 Jul 1999 15:51:56 GMT
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Viewed:
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965 times
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On Mon, 19 Jul 1999 12:05:48 GMT, Larry Pieniazek <lar@voyager.net>
wrote:
You know, up til now, what you said made at least a modicum of sense.
> You were getting on about how great Europe is compared to the US. My
> point is that the US economy, having just went through a period of some
> deregulation, and a period in which a number of new industries sprang up
> faster than the government could figure out how to tax/regulate them is
> a bit insulated from the business cycle (which is caused by government
> intervention in the markets. Business cycles are not a "natural and
> inevitable" thing) and thus is booming.
Business cycles have _nothing_ to do with government interventions.
There have been documented cases of cycles gong back to the 16th
century, for God's sake.
>
> You also said that we cannot compare the US and Europe. So I'm comparing
> two euro economies...
>
> The Republic of Ireland didn't have a lot of terrorist strikes lately,
> no? I'm not referring to the occupied territories, but the independent
> part. So no, it's not because of bombing cessation that it's booming.
And the bombings happened only in Northern Ireland, right? Sorry, but
you're wrong.
>
> Rather, it's because the RoI is less regulated/taxed than the average
> euro state (despite silly regs about granting pub licenses)... and FRG
> is MORE regulated. Hence the disparity in economies. Germany stagnates,
> Ireland booms. So much for planned economies and the socialist
> wonderstate.
>
> Go ahead, try to explain away the difference some other way.
- East Germany.
Jasper
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Message has 1 Reply:
 | | Re: What happened?
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| (...) That's one of us, anyway. <zing> Just kidding. (...) Sorry, I forgot. There wasn't government back in 1503, and it didn't meddle in the economy either. How silly of me. (...) Trust me, government intervention wasn't done for god's sake, it was (...) (25 years ago, 26-Jul-99, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: What happened?
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| You were getting on about how great Europe is compared to the US. My point is that the US economy, having just went through a period of some deregulation, and a period in which a number of new industries sprang up faster than the government could (...) (25 years ago, 19-Jul-99, to lugnet.off-topic.debate)
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