tag:blogger.com,1999:blog-22020163.post3200287431639843382..comments2023-10-24T07:28:50.297-04:00Comments on Thinking on the Margin: The Benefits of FailureBrian Hollarhttp://www.blogger.com/profile/09365101283657395331noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-22020163.post-74833989801816953622009-04-06T22:08:00.000-04:002009-04-06T22:08:00.000-04:00Totally true. But a bubble = breakdown of informat...Totally true. <BR/><BR/>But a bubble = breakdown of information. So markets can create a situation where information is either distorted or ignored.<BR/><BR/>Govt is not trying to destroy the market system, only save it from itself.<BR/><BR/>Sometimes the economy needs govt intervention, just like the body sometimes needs a doctor and medicine.<BR/><BR/>Ordinarily the body self regulates and one welcomes the information the body receives in the form of both pain and pleasure. However, sometimes the body develops a serious enough problem that the medical community must intervene. Now some might view that as interfering with the flow of information but most view that as necessary. <BR/><BR/>For instace, a fever = information. But bringing down a very high fever may save someone's life.thinkinghttps://www.blogger.com/profile/06024721812573340354noreply@blogger.com