Incredible Disappearing Brokerages

[waterboy]

quote:Originally posted by Gaspar


For decades these systems functioned without the natural laws of supply and demand regulating their growth and expansion.  

?? Do you or do you not believe in the natural laws of supply and demand? I'm not sure what you're saying here. Regulations are intended to moderate and channel that growth and expansion just like we regulate rivers, lakes, gravity, traffic etc. I'm not arguing for more regulation any more than we need 5 more dams on the Arkansas River. I'm arguing that the atmosphere of l'aissez faire that permeated the last 8 years of regulatory bodies because of the leadership of the administration, has significantly exacerbated the problems. Its not the regulation that's the problem, its the quality of the regulation and the committment to its execution.

[Gaspar]

quote:Originally posted by waterboy

quote:Originally posted by Gaspar


For decades these systems functioned without the natural laws of supply and demand regulating their growth and expansion.  

?? Do you or do you not believe in the natural laws of supply and demand? I'm not sure what you're saying here. Regulations are intended to moderate and channel that growth and expansion just like we regulate rivers, lakes, gravity, traffic etc. I'm not arguing for more regulation any more than we need 5 more dams on the Arkansas River. I'm arguing that the atmosphere of l'aissez faire that permeated the last 8 years of regulatory bodies because of the leadership of the administration, has significantly exacerbated the problems. Its not the regulation that's the problem, its the quality of the regulation and the committment to its execution.

Yes of course I believe in natural laws that govern Economics.  It's no different than any other natural law where there is input, output, and entropy.

The only reason we regulate rivers is because we want to live in natural flood-planes and we DO pay dearly for that.  I was unaware that we regulate gravity (I'll have to look into that), and traffic is not a natural pattern last time I checked.

But supply and demand, just as it functions in nature is a very natural pattern with surpluses, deficits, and of course entropy.   When we try to regulate natural forces we only delay the inevitable.  Build a city under sea level and no matter how much technology or dirt, or pumps you put in, your city will eventually flood.

Show me an economic model where government regulation produces NO long term deficit (I actually had a professor at TU challenge me to this once).  Can't be done.

[waterboy]

Geez. We can't agree on anything. Don't tell airlines pilots, elevator patrons or roller coaster riders that we don't regulate gravity. Might upset them a bit. There are natural flows to traffic otherwise traffic engineers and planners would never study queuing theory.

And it looks like we can disable the generators in Hoover Dam too since the electricity it produces is ancillary to our goal of living in a flood plain. Don't remember that farm area flooding but if you say so. Once we set up the wind mills we can take the whole thing down.

Are all TU grads so glib?

[Gaspar]

quote:Originally posted by waterboy

Geez. We can't agree on anything. Don't tell airlines pilots, elevator patrons or roller coaster riders that we don't regulate gravity. Might upset them a bit. There are natural flows to traffic otherwise traffic engineers and planners would never study queuing theory.

And it looks like we can disable the generators in Hoover Dam too since the electricity it produces is ancillary to our goal of living in a flood plain. Don't remember that farm area flooding but if you say so. Once we set up the wind mills we can take the whole thing down.

Are all TU grads so glib?

Cute!