Market Competition for Security Measures

[Sampo Syreeni]

On Fri, 26 Oct 2001 jamesd at echeque.com wrote:

>But the market, unlike those wise benevolent folk who consider
>themselves morally superior to the market, DOES provide sufficient
>nutrition for all the participants, whereas whenever the wise and good
>have set themselves in charge of providing nutrition for all, or X for
>all, they have usually failed no matter what the value of X.

Which is pretty much the reason you will want to limit what those
benevolent people can do. Keep them to their role as a police, and the
rest of the market will work well enough to supply the force. Or more
likely, only channel the money through those benevolent people, and buy
the actual service from the private sector.

Sampo Syreeni, aka decoy - mailto:decoy at iki.fi, tel:+358-50-5756111
student/math+cs/helsinki university, http://www.iki.fi/~decoy/front
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