All market failures are really failures to fully adopt market rules.  When 
Reagan's
the economy was tanking despite Reagan's "reforms" Jack Kemp explained that the
problem was that the US had failed to adopt the gold standard.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu

Reply via email to