Rating agencies are irrelevant at this point. You'd have to a total economic ignoramus to think the US is AAA. This'll be abundantly clear even to the masses by next year.
David Friedman.
There already are penalties for breaking the rules (ruined reputation), and probably far worse ones from a violator's perspective than even an ideal government regulatory fiefdom would provide. The government certainly…
This is an incoherent objection. "Efficiency" isn't some abstract Platonic concept. It is always efficiency for what? And for whose goals? EDIT: Not to mention that there would be a profit incentive for a private…
Sarcasm?
Why, other than for fairness? I have far more confidence that Apple will spend the money in a way that benefits me than that the government will. They certainly have so far.
>wishful thinking to claim that the perfect answer is already known ...which is exactly why to leave it to the market.
...you have the world as it is. You can already move to change governments, only now you have to move farther than you used to. Notice how most of the oppression in the US is from the federal government, not state or…
Rating agencies are irrelevant at this point. You'd have to a total economic ignoramus to think the US is AAA. This'll be abundantly clear even to the masses by next year.
David Friedman.
There already are penalties for breaking the rules (ruined reputation), and probably far worse ones from a violator's perspective than even an ideal government regulatory fiefdom would provide. The government certainly…
This is an incoherent objection. "Efficiency" isn't some abstract Platonic concept. It is always efficiency for what? And for whose goals? EDIT: Not to mention that there would be a profit incentive for a private…
Sarcasm?
Why, other than for fairness? I have far more confidence that Apple will spend the money in a way that benefits me than that the government will. They certainly have so far.
>wishful thinking to claim that the perfect answer is already known ...which is exactly why to leave it to the market.
...you have the world as it is. You can already move to change governments, only now you have to move farther than you used to. Notice how most of the oppression in the US is from the federal government, not state or…