Quote:
Originally Posted by jcwang
There are so democratic countries actually let the government control the price of living necessities, such as electricity, gas, water and foods.
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See, that's awful because the government is the opposite of economically efficient. But I bet they don't have very good representation, and I bet the people don't protest as much. See, that's the problem, if they tried to do something like that they would fail, yet if they had something that accurately told them how to price things perfectly, and they had a good idea of what people want, they could pull it off, maybe better than the free market. However, nothing like that exists, nor will it probably ever exist. The free market is ingenious.