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What's the point of regulating bad corporate behavior, if the regulators consistently fail? i.e. The market was lulled into a false sense of security regarding the behavior of Bernard Madoff by incompetent regulators. The same is invariably true of ASIC's regulation of corporate behaviour. The...

I don't agree. How well a free market works is dependent on how well informed the market is. A poorly informed market is open to manipulation as much by politicians as by multinationals. Take junky fast food for instance. Is it the market's fault people eat fast food, or the individual...

I appreciate the role of cost in the supply demand curve. However, I am inclined to believe whenever govts intervene excessively in free markets, there are unforeseen outcomes that offset or adversely effect their good intentions. And the opportunity cost of govt intervention is usually...

Where's the logic in Aussies being charged $45 a pack to smoke 10 a day, when we're passively inhaling 200 a day from the smoking of other countries; and 50 of those 200 are exported by us?

I am mighty confused on the purpose of the carbon tax. Is it: A. for redistribution to poor people made poorer by the higher cost of goods and services due to the carbon tax. B. giving to universities and multinationals to entice them to cease with the conspiracy, and give up their secret...