"Pooh Bear" wrote in message
...


wrote:

I look forward to a day when people realize that government usually does
more harm than good when it interferes in the market.

Whilst there is much to be said in favour of that view, how do you reckon
the
'market' would have dealt with the Great Depression ?

Well the fly in the ointment of a "free market" is that the market also
needs to be fair and actually running as a free market. Just saying that the
market is free is not the same as it being free. ;-)

http://en.wikipedia.org/wiki/Stock_market_crash

In modern times our familiarity with the various markets in the US tends to
blind us to how non-free markets can be in other countries.

There were at least two such flies buzzing around in 1929. One such fly was
the fact that the stock market and commodity prices were being manipulated,
and the other fly was that the world market was not free because of
excessive protectionist tariffs.

http://en.wikipedia.org/wiki/Smoot-Hawley