All Blog Posts Tagged 'bubble' (1)

Taking on Libby (libertarian) bullshit: The Market Will Take Care of It

You know of those religious people who say “God will provide”, the Libby equivalent to that is “the market will take care of it”. While Libbies do not apply it to everything they do apply it to the economy, job markets, etc.



The market does not take care of things, it doesn’t even take care of it self much of the time. What is dose and doesn’t do depends on the many variables (supply, demand, how much money people have, how much people are wiling to spend, how many people there are,… Continue

Added by Lone Wolf on August 16, 2010 at 10:00pm — 5 Comments

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