Governments can’t wave around the cash and create out of thin air a “market” that has any of the self-controlling properties described in economics textbooks.
The best thing our pollies have done in decades is also the worst
Submitted 2 months ago by Joshi@aussie.zone to australianpolitics@aussie.zone
http://www.rossgittins.com/2024/09/the-best-thing-our-pollies-have-done-in.html?m=1
Joshi@aussie.zone 2 months ago
Gittins kind of leaves us hanging for a conclusion here. Governments can’t be afraid of actually providing a service, the idea that leaving things to the market is automatically efficient is a myth.
mertn22@aussie.zone 1 month ago
I’d say straight out lie, not a myth.