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Loss Due to Force in the Economy

Page history last edited by Justin Spratt 12 years, 12 months ago



Section Heading 1

  1. Defining Prosperity
    1. having physical demands met, or, simply getting what you want.



three types of loss due to force in the economy

  1. disincentive to produce/consume
  2. misallocation of resources
    1. interest rates - http://www.youtube.com/watch?v=yzxdzHxp9yU
  3. stagnation of economy
    1. failing companies do not fail
    2. obsolete industries do not fall to new industries
    3. innovative companies cannot compete with the propped up establishment



Where force can work

  1. small
  2. temporary
  3. subsidized



examples of force in the economy today

  1. naitive reserves (small communism)





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