Hedonic Regression

[dallas27]

Capitalism



We wind up with systemic scarcity when the government decides it needs to "help." I'm reminded of one of my favorite Churchhill quotes (at least close):

Not always true, natural monopolies enforced by government can increase social surplus and quantities while lowering prices. Utilities for example. These are areas where pure competition is less efficient and bad for society.





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[Meadbh]

How can we, with an external debt of 100% to GDP, deal with Russia @ 33%, China @6%, England @466% and Ireland @ 1,000+%.

Imoldernu, can you provide a reference for these numbers? They are different from the numbers I have found online.