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RigPig

Member Since 2007-12-04
Offline Last Active 2012-05-25 18:24
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#5229352 Thai Cabinet Approves Ban On Imports Of Used Vehicles

Posted BuffaloRescue on 2012-04-18 15:00:12

Reminds me of something Milton Friedman once said about vehicle safety and free market.
Something along the lines of - Government intervention and safety controls actually make cars more dangerous. It keeps the prices up which prevents people entering the market for new cars and consequently there are more old and dangerous cars on the roads. He was talking about airbags and other safety gear being requirements.

The poster here who likes protectionist policies is seriously misguided. What TL needs is a completely free market, open, high tech manufacturing and farming, foreign investment etc. The question should be how to bring this in gradually so as not to upset the balance. Government controls are almost always wrong, seriously narrow minded view of the world usually favored by the elite who have everything to gain by keeping the country poor - or so they believe (actually not).


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